Priority 401(K)/Profit Sharing Plan — Form 5500 plan (Priority Acquisition Company 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, Priority 401(K)/Profit Sharing Plan is a benefit plan reported by Priority Acquisition Company LLC under EIN 85-4091454 and plan number 001. The latest loaded filing year is 2023. The filing reports 137 participants and $5,697,063 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Priority Acquisition Company LLC
- EIN
- 85-4091454
- Plan number
- 001
- Plan type
- 2
- Location
- Sheboygan, WI
- Latest filing year
- 2023
- Participants
- 137
- End-of-year plan assets
- $5,697,063
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 137 | H, C | 20241010083015NAL0011300051001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,697,063
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,697,063
- Net assets (BOY)
- $4,380,811
Income & contributions
- Employer contributions
- $243,527
- Participant contributions
- $618,523
- Total contributions
- $1,042,093
- Total income / additions
- $1,815,390
Expenses & distributions
- Benefits paid
- $492,095
- Administrative expenses
- $7,043
- Total expenses
- $499,138
- Net increase / (decrease)
- $1,316,252
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Wells Fargo Clearing Services LLC | SERVICE PROVIDER | $0 | $12,209 | 2023 |
| Voya Retirement Ins. & Annuity | SERVICE PROVIDER | $0 | $0 | 2023 |