Plan5500

Employees Primary 401(K) Plan — Form 5500 plan (Petroleum Transport Company, 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, Employees Primary 401(K) Plan is a benefit plan reported by Petroleum Transport Company, Inc. under EIN 56-0673428 and plan number 001. The latest loaded filing year is 2023. The filing reports 474 participants and $10,346,064 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Petroleum Transport Company, Inc.
EIN
56-0673428
Plan number
001
Plan type
1
Location
Pilot Mountain, NC
Latest filing year
2023
Participants
474
End-of-year plan assets
$10,346,064

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023474H, C20241010102143NAL0020814225001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$10,346,064
Total liabilities (EOY)
$0
Net assets (EOY)
$10,346,064
Net assets (BOY)
$8,894,188

Income & contributions

Employer contributions
$518,915
Participant contributions
$956,273
Total contributions
$1,542,819
Total income / additions
$3,037,169

Expenses & distributions

Benefits paid
$1,554,810
Administrative expenses
$30,483
Total expenses
$1,585,293
Net increase / (decrease)
$1,451,876

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Life Insurance CompanyRECORDKEEPER$1,915$02023
John Hancock Life Insurance CompanyRECORDKEEPER$1,400$02023
Wilshire Associates Inc (Usa)RIA$1,018not reported in the loaded dataset2023
Wilshire Associates Inc (Usa)RIA$831not reported in the loaded dataset2023

Related Form 5500 pages