Process Equipment & Service Company, Inc. 401(K) Plan — Form 5500 plan (Process Equipment & Service 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, Process Equipment & Service Company, Inc. 401(K) Plan is a benefit plan reported by Process Equipment & Service Company, Inc. under EIN 85-0237928 and plan number 001. The latest loaded filing year is 2023. The filing reports 458 participants and $11,837,505 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Process Equipment & Service Company, Inc.
- EIN
- 85-0237928
- Plan number
- 001
- Plan type
- 2
- Location
- Farmington, NM
- Latest filing year
- 2023
- Participants
- 458
- End-of-year plan assets
- $11,837,505
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 458 | H, C | 20250408121256NAL0029741344001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,837,505
- Total liabilities (EOY)
- $2,124
- Net assets (EOY)
- $11,835,381
- Net assets (BOY)
- $9,969,975
Income & contributions
- Employer contributions
- $684,802
- Participant contributions
- $695,874
- Total contributions
- $1,394,708
- Total income / additions
- $2,832,726
Expenses & distributions
- Benefits paid
- $872,005
- Administrative expenses
- $95,315
- Total expenses
- $967,320
- Net increase / (decrease)
- $1,865,406
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $54,636 | $0 | 2023 |
| Clifton Larson Allen Wealth Advisor | INVESTMENT ADVISOR | $36,772 | not reported in the loaded dataset | 2023 |
| Map Retirement Usa LLC | CONTRACT ADMIN | $18,377 | not reported in the loaded dataset | 2023 |
| Leafhouse Financial Advisors, LLC | OTHER | $5,260 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Process Equipment & Service Company, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NM
- 401(k) and benefit plan filings in Farmington, NM
- Empower Annuity Insurance Company — Schedule C compensation
- Clifton Larson Allen Wealth Advisor — Schedule C compensation
- Map Retirement Usa LLC — Schedule C compensation
- Leafhouse Financial Advisors, LLC — Schedule C compensation