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 Credit Inc. Retirement Savings Plan is a benefit plan reported by Preferred Credit, Inc under EIN 41-1643940 and plan number 001. The latest loaded filing year is 2023. The filing reports 292 participants and $17,462,674 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,462,674
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,462,674
- Net assets (BOY)
- $13,543,861
Income & contributions
- Employer contributions
- $734,082
- Participant contributions
- $1,332,999
- Total contributions
- $2,362,105
- Total income / additions
- $4,973,858
Expenses & distributions
- Benefits paid
- $1,021,557
- Administrative expenses
- $33,488
- Total expenses
- $1,055,045
- Net increase / (decrease)
- $3,918,813