Palmer Group Employee Stock Ownership Plan — Form 5500 plan (Palmer Companies, 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 Group Employee Stock Ownership Plan is a benefit plan reported by Palmer Companies, Inc. under EIN 42-1480932 and plan number 002. The latest loaded filing year is 2023. The filing reports 250 participants and $26,373,304 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Palmer Companies, Inc.
- EIN
- 42-1480932
- Plan number
- 002
- Plan type
- 2
- Location
- West Des Moines, IA
- Latest filing year
- 2023
- Participants
- 250
- End-of-year plan assets
- $26,373,304
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 250 | H | 20241001150911NAL0004130579001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $26,373,304
- Total liabilities (EOY)
- $9,116,642
- Net assets (EOY)
- $17,256,662
- Net assets (BOY)
- $11,144,016
Income & contributions
- Employer contributions
- $1,380,757
- Total contributions
- $1,380,757
- Total income / additions
- $6,755,655
Expenses & distributions
- Benefits paid
- $423,904
- Administrative expenses
- $200
- Total expenses
- $643,009
- Net increase / (decrease)
- $6,112,646
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.