Plan5500

Porter, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Porter, Inc.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Porter, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Porter, Inc. under EIN 35-1372361 and plan number 001. The latest loaded filing year is 2023. The filing reports 408 participants and $53,078,516 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Porter, Inc.
EIN
35-1372361
Plan number
001
Plan type
2
Location
Decatur, IN
Latest filing year
2023
Participants
408
End-of-year plan assets
$53,078,516

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023408H, C20250411145004NAL0036217744001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$53,078,516
Total liabilities (EOY)
$0
Net assets (EOY)
$53,078,516
Net assets (BOY)
$48,356,326

Income & contributions

Employer contributions
$608,688
Participant contributions
$1,651,781
Total contributions
$2,294,699
Total income / additions
$10,787,149

Expenses & distributions

Benefits paid
$5,979,142
Administrative expenses
$83,027
Total expenses
$6,064,959
Net increase / (decrease)
$4,722,190

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Retirement Plan SvcsRETAINED BY PLAN SPONSOR$71,186$02023
Wilshire Associates, Inc.RETAINED BY PLAN SPONSOR$9,665not reported in the loaded dataset2023

Related Form 5500 pages