Purchasing Power 401(K) Plan — Form 5500 plan (Purchasing Power 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, Purchasing Power 401(K) Plan is a benefit plan reported by Purchasing Power LLC under EIN 90-0193342 and plan number 001. The latest loaded filing year is 2023. The filing reports 364 participants and $20,791,743 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Purchasing Power LLC
- EIN
- 90-0193342
- Plan number
- 001
- Plan type
- 2
- Location
- Atlanta, GA
- Latest filing year
- 2023
- Participants
- 364
- End-of-year plan assets
- $20,791,743
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 364 | H, C | 20240725160910NAL0014458257001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,791,743
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,791,743
- Net assets (BOY)
- $16,298,244
Income & contributions
- Employer contributions
- $774,414
- Participant contributions
- $2,397,539
- Total contributions
- $3,457,546
- Total income / additions
- $6,344,500
Expenses & distributions
- Benefits paid
- $1,733,232
- Administrative expenses
- $103,551
- Total expenses
- $1,851,001
- Net increase / (decrease)
- $4,493,499
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Financial Life Ins | RECORDKEEPER | $57,757 | $0 | 2023 |
| Ubs Financial Services Inc | INVESTMENT ADVISORY | $21,579 | not reported in the loaded dataset | 2023 |
| Merrill Lynch Life Agency, Inc | INVESTMENT ADVISORY | $10,470 | not reported in the loaded dataset | 2023 |
| Futureplan By Ascensus | RECORDKEEPER | $6,250 | $0 | 2023 |
| Legacy Retirement Solutions, LLC | RECORDKEEPER | $4,000 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Purchasing Power LLC
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Atlanta, GA
- Transamerica Financial Life Ins — Schedule C compensation
- Ubs Financial Services Inc — Schedule C compensation
- Merrill Lynch Life Agency, Inc — Schedule C compensation
- Futureplan By Ascensus — Schedule C compensation
- Legacy Retirement Solutions, LLC — Schedule C compensation