Pantropic Power Inc.Savings & Profit Sharing Plan — Form 5500 plan (Pantropic Power 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, Pantropic Power Inc.Savings & Profit Sharing Plan is a benefit plan reported by Pantropic Power Inc. under EIN 59-2749643 and plan number 001. The latest loaded filing year is 2023. The filing reports 141 participants and $12,868,238 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Pantropic Power Inc.
- EIN
- 59-2749643
- Plan number
- 001
- Plan type
- 2
- Location
- Doral, FL
- Latest filing year
- 2023
- Participants
- 141
- End-of-year plan assets
- $12,868,238
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 141 | H, C | 20240723131405NAL0011784561001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,868,238
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,868,238
- Net assets (BOY)
- $10,816,566
Income & contributions
- Employer contributions
- $202,140
- Participant contributions
- $439,609
- Total contributions
- $665,144
- Total income / additions
- $3,232,006
Expenses & distributions
- Benefits paid
- $1,135,746
- Administrative expenses
- $44,588
- Total expenses
- $1,180,334
- Net increase / (decrease)
- $2,051,672
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Equitable Life Insurance Co. | RECORD KEEPER | $40,162 | $33,371 | 2023 |