Porter Supply Co. Profit Sharing Plan — Form 5500 plan (Porter Pipe & Supply Co. Fka Porter Supply Company)
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 Supply Co. Profit Sharing Plan is a benefit plan reported by Porter Pipe & Supply Co. Fka Porter Supply Company under EIN 36-3198538 and plan number 001. The latest loaded filing year is 2023. The filing reports 225 participants and $2,977,638 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Porter Pipe & Supply Co. Fka Porter Supply Company
- EIN
- 36-3198538
- Plan number
- 001
- Plan type
- 2
- Location
- Addison, IL
- Latest filing year
- 2023
- Participants
- 225
- End-of-year plan assets
- $2,977,638
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 225 | H, C | 20241011090543NAL0043758354001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,977,638
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,977,638
- Net assets (BOY)
- $2,582,205
Income & contributions
- Employer contributions
- $50,000
- Total contributions
- $50,000
- Total income / additions
- $483,964
Expenses & distributions
- Benefits paid
- $60,740
- Administrative expenses
- $27,791
- Total expenses
- $88,531
- Net increase / (decrease)
- $395,433
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ml, Pierce, Fenner And Smith | NONE | $25,620 | $0 | 2023 |