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, Premier Needle Arts, Inc. 401(K) Plan is a benefit plan reported by Premier Needle Arts, Inc. under EIN 36-4711639 and plan number 001. The latest loaded filing year is 2023. The filing reports 231 participants and $5,313,225 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,313,225
- Total liabilities (EOY)
- $35,461
- Net assets (EOY)
- $5,277,764
- Net assets (BOY)
- $4,264,579
Income & contributions
- Employer contributions
- $212,310
- Participant contributions
- $377,681
- Total contributions
- $589,991
- Total income / additions
- $1,370,921
Expenses & distributions
- Benefits paid
- $297,362
- Administrative expenses
- $60,374
- Total expenses
- $357,736
- Net increase / (decrease)
- $1,013,185