Plan5500

Prestage Farms Employees 401(K) Profit Sharing Plan — Form 5500 plan (Prestage Farms, 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, Prestage Farms Employees 401(K) Profit Sharing Plan is a benefit plan reported by Prestage Farms, Inc. under EIN 56-1368357 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,276 participants and $84,005,852 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Prestage Farms, Inc.
EIN
56-1368357
Plan number
001
Plan type
3
Location
Clinton, NC
Latest filing year
2023
Participants
2,276
End-of-year plan assets
$84,005,852

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,276H, C20240731135412NAL0014380547001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$84,005,852
Total liabilities (EOY)
$11,405
Net assets (EOY)
$83,994,447
Net assets (BOY)
$72,074,911

Income & contributions

Employer contributions
$2,797,980
Participant contributions
$6,023,653
Total contributions
$9,364,296
Total income / additions
$22,548,002

Expenses & distributions

Benefits paid
$10,368,462
Administrative expenses
$248,599
Total expenses
$10,628,466
Net increase / (decrease)
$11,919,536

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$203,140$02023
Mma Securities LLCINVESTMENT ADVISORY$45,459not reported in the loaded dataset2023

Related Form 5500 pages