Promise To Perform Industries, Inc. Group Medical Plan (504) — 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. Group Medical Plan (504) is a benefit plan reported by Promise To Perform Industries, Inc. under EIN 87-2135647 and plan number 504. The latest loaded filing year is 2023. The filing reports 90 participants and $61,211 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
504
Plan type
2
Location
Morgantown, PA
Latest filing year
2023
Participants
90
End-of-year plan assets
$61,211

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202390I, C20241120134030NAL0006716624001

Reported financial statement (2023 · Schedule I)

Net assets

Total assets (EOY)
$61,211
Total liabilities (EOY)
$131,929
Net assets (EOY)
-$70,718
Net assets (BOY)
$0

Income & contributions

Employer contributions
$650,198
Participant contributions
$421,520
Total income / additions
$1,092,235

Expenses & distributions

Benefits paid
$691,170
Administrative expenses
-$17,280
Total expenses
$1,162,953
Net increase / (decrease)
-$70,718

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Engle-Hambright & Davies, Inc. (EhdBROKER$38,399not reported in the loaded dataset2023
The Benecon GroupBROKER$21,859not reported in the loaded dataset2023
Connectcare3PATIENT ADVOCATE$6,033not reported in the loaded dataset2023

Related Form 5500 pages