Plan5500

Umortgage LLC 401(K) Plan — Form 5500 plan (Premier Processing LLC)

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, Umortgage LLC 401(K) Plan is a benefit plan reported by Premier Processing LLC under EIN 81-1231555 and plan number 001. The latest loaded filing year is 2023. The filing reports 411 participants and $1,888,510 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.9MPlan net assets, end of year$1,888,510
Participants411Covered participants reported
Assets / participant$4.6KComputed: assets ÷ participants$4,595 (computed)
Provider compensation$40K3 Schedule C provider row(s)$39,989
Plan sponsor
Premier Processing LLC
EIN
81-1231555
Plan number
001
Plan type
2
Location
Philadelphia, PA
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    411 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$1.9M total assets
Net assets$1.9MLiabilities$0
Money in vs. money out
Total income / additions$1.7M
Total expenses$531.1K
Benefits paid / distributions$495.3K
Contributions
EmployerNot reported
Participant$847.7K
Full reported line items

Net assets

Total assets (EOY)
$1,888,510
Total liabilities (EOY)
$0
Net assets (EOY)
$1,888,510
Net assets (BOY)
$742,270

Income & contributions

Participant contributions
$847,688
Total contributions
$1,459,160
Total income / additions
$1,677,363

Expenses & distributions

Benefits paid
$495,305
Administrative expenses
$35,818
Total expenses
$531,123
Net increase / (decrease)
$1,146,240
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets28%Computed ratio
Benefits paid ÷ total income30%Computed ratio
Provider comp. ÷ net assets2%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Principal Life Insurance Company$35.8K
    CONTRACT ADMINISTRATOR · Direct $35.8K · Indirect $0
  2. 2
    Northwestern Mutual Investment Serv$4.2K
    OTHER SERVICES · Direct $0 · Indirect $4.2K
  3. 3
    Wilshire Advisors LLC$0
    INVESTMENT ADVISORY · Direct $0 · Indirect $0

Related Form 5500 pages