Prescient Development, Inc. 401(K) Plan — Form 5500 plan (Prescient Development, 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, Prescient Development, Inc. 401(K) Plan is a benefit plan reported by Prescient Development, Inc. under EIN 36-4119332 and plan number 001. The latest loaded filing year is 2023. The filing reports 141 participants and $7,937,966 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Prescient Development, Inc.
EIN
36-4119332
Plan number
001
Plan type
2
Location
Chicago, IL
Latest filing year
2023
Participants
141
End-of-year plan assets
$7,937,966

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023141H, C20241002203654NAL0017782722001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,937,966
Total liabilities (EOY)
$440
Net assets (EOY)
$7,937,526
Net assets (BOY)
$6,324,663

Income & contributions

Employer contributions
$40,000
Participant contributions
$598,940
Total contributions
$638,940
Total income / additions
$1,754,077

Expenses & distributions

Benefits paid
$126,887
Administrative expenses
$14,327
Total expenses
$141,214
Net increase / (decrease)
$1,612,863

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Correll Co.RECORDKEEPER$14,327$02023

Related Form 5500 pages