Palmer Candy Co 401(K) Plan — Form 5500 plan (Palmer Candy Company)
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 Candy Co 401(K) Plan is a benefit plan reported by Palmer Candy Company under EIN 42-0987933 and plan number 001. The latest loaded filing year is 2023. The filing reports 268 participants and $7,841,995 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Palmer Candy Company
- EIN
- 42-0987933
- Plan number
- 001
- Plan type
- 2
- Location
- Sioux City, IA
- Latest filing year
- 2023
- Participants
- 268
- End-of-year plan assets
- $7,841,995
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 268 | H, C | 20241015100012NAL0056908338007 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,841,995
- Total liabilities (EOY)
- $45,143
- Net assets (EOY)
- $7,796,852
- Net assets (BOY)
- $6,481,383
Income & contributions
- Employer contributions
- $220,449
- Participant contributions
- $661,951
- Total contributions
- $1,267,257
- Total income / additions
- $2,369,923
Expenses & distributions
- Benefits paid
- $981,312
- Administrative expenses
- $27,999
- Total expenses
- $1,054,454
- Net increase / (decrease)
- $1,315,469
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Security National Bank | TRUSTEE | $25,271 | not reported in the loaded dataset | 2023 |
| Charles Schwab Trust Bank | CUSTODIAN | $2,728 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co Inc. | CUSTODIAN | $0 | $0 | 2023 |