Preferred Companies 401(K) Retirement Plan — Form 5500 plan (Preferred Proppants LLC)
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, Preferred Companies 401(K) Retirement Plan is a benefit plan reported by Preferred Proppants LLC under EIN 35-2428622 and plan number 001. The latest loaded filing year is 2023. The filing reports 280 participants and $10,390,682 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Preferred Proppants LLC
- EIN
- 35-2428622
- Plan number
- 001
- Plan type
- 2
- Location
- Wayne, PA
- Latest filing year
- 2023
- Participants
- 280
- End-of-year plan assets
- $10,390,682
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 280 | H, C | 20240926131029NAL0000809089001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,390,682
- Total liabilities (EOY)
- $8,518
- Net assets (EOY)
- $10,382,164
- Net assets (BOY)
- $9,257,667
Income & contributions
- Employer contributions
- $216,705
- Participant contributions
- $333,320
- Total contributions
- $574,901
- Total income / additions
- $2,158,503
Expenses & distributions
- Benefits paid
- $978,184
- Administrative expenses
- $55,822
- Total expenses
- $1,034,006
- Net increase / (decrease)
- $1,124,497
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $31,400 | $0 | 2023 |
| Lpl Financial | INVESTMENT ADVISOR | $22,772 | not reported in the loaded dataset | 2023 |
| The Mandmarblestone Group LLC | CONTRACT ADMIN | $6,490 | $4,178 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $1,680 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Preferred Proppants LLC
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Wayne, PA
- Empower Annuity Insurance Company O — Schedule C compensation
- Lpl Financial — Schedule C compensation
- The Mandmarblestone Group LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation