Promise To Perform Industries, Inc. — Form 5500 plan (Promise To Perform Industries, 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, Promise To Perform Industries, Inc. is a benefit plan reported by Promise To Perform Industries, Inc. under EIN 87-2135647 and plan number 002. The latest loaded filing year is 2023. The filing reports 147 participants and $7,441,320 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Promise To Perform Industries, Inc.
EIN
87-2135647
Plan number
002
Plan type
2
Location
Morgantown, PA
Latest filing year
2023
Participants
147
End-of-year plan assets
$7,441,320

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023147H, C20250714152637NAL0001217761001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,441,320
Total liabilities (EOY)
$0
Net assets (EOY)
$7,441,320
Net assets (BOY)
$5,598,877

Income & contributions

Employer contributions
$315,614
Participant contributions
$433,416
Total contributions
$1,094,130
Total income / additions
$2,541,336

Expenses & distributions

Benefits paid
$689,449
Administrative expenses
$9,492
Total expenses
$698,893
Net increase / (decrease)
$1,842,443

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Triad Advisors LLCADVISOR$0$10,1552023
Capfinancial Partners LLCINVESTMENT ADVISOR$8,000not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$1,492$02023

Related Form 5500 pages