Panama Transfer Profit Sharing Plan — Form 5500 plan (Panama Transfer)
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, Panama Transfer Profit Sharing Plan is a benefit plan reported by Panama Transfer under EIN 42-0921056 and plan number 001. The latest loaded filing year is 2023. The filing reports 293 participants and $21,801,540 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Panama Transfer
- EIN
- 42-0921056
- Plan number
- 001
- Plan type
- 2
- Location
- Panama, IA
- Latest filing year
- 2023
- Participants
- 293
- End-of-year plan assets
- $21,801,540
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 293 | H, C | 20250415101208NAL0003203105001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,801,540
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,801,540
- Net assets (BOY)
- $18,861,194
Income & contributions
- Employer contributions
- $725,826
- Participant contributions
- $970,600
- Total contributions
- $1,696,426
- Total income / additions
- $4,307,379
Expenses & distributions
- Benefits paid
- $1,248,279
- Administrative expenses
- $118,754
- Total expenses
- $1,367,033
- Net increase / (decrease)
- $2,940,346
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lpl Financial | NONE | $84,565 | not reported in the loaded dataset | 2023 |
| American Trust Company | NONE | $34,189 | $0 | 2023 |