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, Preston Pipelines, Inc. Profit Sharing Plan is a benefit plan reported by Preston Pipelines Inc. Dba Preston Companies under EIN 94-2508467 and plan number 002. The latest loaded filing year is 2023. The filing reports 232 participants and $19,929,693 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,929,693
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,929,693
- Net assets (BOY)
- $15,673,170
Income & contributions
- Employer contributions
- $565,563
- Participant contributions
- $1,568,466
- Total contributions
- $2,139,685
- Total income / additions
- $4,980,759
Expenses & distributions
- Benefits paid
- $666,776
- Administrative expenses
- $53,970
- Total expenses
- $724,236
- Net increase / (decrease)
- $4,256,523