Plan5500

Pda 401(K) Plan — Form 5500 plan (Product Development Associates, 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, Pda 401(K) Plan is a benefit plan reported by Product Development Associates, Inc. under EIN 41-1791080 and plan number 001. The latest loaded filing year is 2023. The filing reports 126 participants and $8,881,855 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.9MPlan net assets, end of year$8,881,855
Participants126Covered participants reported
Assets / participant$70.5KComputed: assets ÷ participants$70,491 (computed)
Provider compensation$87.4K3 Schedule C provider row(s)$87,425
Plan sponsor
Product Development Associates, Inc.
EIN
41-1791080
Plan number
001
Plan type
2
Location
Burnsville, MN
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    126 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$8.9M total assets
Net assets$8.9MLiabilities$0
Money in vs. money out
Total income / additions$2.6M
Total expenses$269.5K
Benefits paid / distributions$182.5K
Contributions
Employer$542.3K
Participant$841.3K
Full reported line items

Net assets

Total assets (EOY)
$8,881,855
Total liabilities (EOY)
$0
Net assets (EOY)
$8,881,855
Net assets (BOY)
$6,571,135

Income & contributions

Employer contributions
$542,250
Participant contributions
$841,336
Total contributions
$1,427,515
Total income / additions
$2,580,257

Expenses & distributions

Benefits paid
$182,472
Administrative expenses
$87,065
Total expenses
$269,537
Net increase / (decrease)
$2,310,720
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 39%Participant 61%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income7%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Transamerica Financial Life Insuran$48.8K
    RECORDKEEPER · Direct $48.8K
  2. 2
    Merrill Lynch Life Agency, Inc$36.8K
    INVESTMENT AD VISORY · Direct $36.8K
  3. 3
    Tax Sheltered Compensation, Inc$1.9K
    RECORDKEEPER · Direct $1.8K · Indirect $67

Related Form 5500 pages