Palmer Mfg & Tank Inc 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Palmer Mfg & Tank 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, Palmer Mfg & Tank Inc 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Palmer Mfg & Tank Inc under EIN 36-4902216 and plan number 001. The latest loaded filing year is 2023. The filing reports 172 participants and $4,035,432 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Palmer Mfg & Tank Inc
- EIN
- 36-4902216
- Plan number
- 001
- Plan type
- 2
- Location
- Garden City, KS
- Latest filing year
- 2023
- Participants
- 172
- End-of-year plan assets
- $4,035,432
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 172 | H, C | 20240822100417NAL0002521859001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,035,432
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,035,432
- Net assets (BOY)
- $3,209,370
Income & contributions
- Employer contributions
- $222,637
- Participant contributions
- $370,555
- Total contributions
- $593,192
- Total income / additions
- $1,172,674
Expenses & distributions
- Benefits paid
- $305,378
- Administrative expenses
- $41,234
- Total expenses
- $346,612
- Net increase / (decrease)
- $826,062
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Legacy Financial Strategies | ADVISOR | $12,897 | not reported in the loaded dataset | 2023 |
| 401k Generation | CONTRACT ADMINISTRATOR | $11,040 | not reported in the loaded dataset | 2023 |