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, Prosoco, Inc. 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Prosoco, Inc. under EIN 48-1123149 and plan number 002. The latest loaded filing year is 2023. The filing reports 139 participants and $20,083,662 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,083,662
- Total liabilities (EOY)
- $11,506
- Net assets (EOY)
- $20,072,156
- Net assets (BOY)
- $16,979,152
Income & contributions
- Employer contributions
- $244,415
- Participant contributions
- $1,208,631
- Total contributions
- $1,625,043
- Total income / additions
- $4,315,454
Expenses & distributions
- Benefits paid
- $1,135,391
- Administrative expenses
- $87,059
- Total expenses
- $1,222,450
- Net increase / (decrease)
- $3,093,004