Perrett'S Profit Sharing Plan — Form 5500 plan (Perrett Construction, Ltd)

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, Perrett'S Profit Sharing Plan is a benefit plan reported by Perrett Construction, Ltd under EIN 47-0751823 and plan number 001. The latest loaded filing year is 2023. The filing reports 25 participants and $3,095,434 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.1MPlan net assets, end of year$3,095,434
Participants25Covered participants reported
Assets / participant$123.8KComputed: assets ÷ participants$123,817 (computed)
Provider compensationNone reported
Plan sponsor
Perrett Construction, Ltd
EIN
47-0751823
Plan number
001
Plan type
2
Location
Valentine, NE
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202325I20240828112212NAL0006767763001
Schedule I · 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)$3.1M total assets
Net assets$3.1MLiabilities$0
Money in vs. money out
Total income / additions$572.3K
Total expenses$108.3K
Benefits paid / distributions$90.3K
Contributions
Employer$65.4K
Participant$133.3K
Full reported line items

Net assets

Total assets (EOY)
$3,095,434
Total liabilities (EOY)
$0
Net assets (EOY)
$3,095,434
Net assets (BOY)
$2,474,089

Income & contributions

Employer contributions
$65,393
Participant contributions
$133,251
Total income / additions
$572,341

Expenses & distributions

Benefits paid
$90,293
Administrative expenses
$18,021
Total expenses
$108,314
Net increase / (decrease)
$464,027
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 33%Participant 67%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income16%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages