Procede Software 401(K) Plan — Form 5500 plan (Procede Software Lp)
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, Procede Software 401(K) Plan is a benefit plan reported by Procede Software Lp under EIN 54-2073787 and plan number 001. The latest loaded filing year is 2023. The filing reports 123 participants and $7,190,881 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Procede Software Lp
- EIN
- 54-2073787
- Plan number
- 001
- Plan type
- 2
- Location
- Solana Beach, CA
- Latest filing year
- 2023
- Participants
- 123
- End-of-year plan assets
- $7,190,881
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 123 | H, C | 20241007112400NAL0008820851001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,190,881
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,190,881
- Net assets (BOY)
- $5,638,465
Income & contributions
- Employer contributions
- $92,658
- Participant contributions
- $848,451
- Total contributions
- $999,845
- Total income / additions
- $2,039,434
Expenses & distributions
- Benefits paid
- $452,023
- Administrative expenses
- $24,407
- Total expenses
- $487,018
- Net increase / (decrease)
- $1,552,416
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $24,406 | $0 | 2023 |
| Nfp Retirement Inc. | INVESTMENT ADVISORY | $0 | $24,099 | 2023 |