Prestolite Retirement Savings Plan — Form 5500 plan (Prestolite Electric Incorporated)
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, Prestolite Retirement Savings Plan is a benefit plan reported by Prestolite Electric Incorporated under EIN 94-3142032 and plan number 001. The latest loaded filing year is 2023. The filing reports 294 participants and $21,380,288 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Prestolite Electric Incorporated
- EIN
- 94-3142032
- Plan number
- 001
- Plan type
- 2
- Location
- Arcade, NY
- Latest filing year
- 2023
- Participants
- 294
- End-of-year plan assets
- $21,380,288
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 294 | H, C | 20250327154815NAL0029607248001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,380,288
- Net assets (EOY)
- $21,380,288
- Net assets (BOY)
- $17,550,432
Income & contributions
- Employer contributions
- $197,679
- Participant contributions
- $741,738
- Total contributions
- $939,417
- Total income / additions
- $5,374,609
Expenses & distributions
- Benefits paid
- $1,429,293
- Administrative expenses
- $114,049
- Total expenses
- $1,544,753
- Net increase / (decrease)
- $3,829,856
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Usi Advisors | CONSULTING | $37,411 | not reported in the loaded dataset | 2023 |
| Transamerica Retirement Solutions | RECORD KEEPER | $30,258 | $0 | 2023 |
| National Financial Services | SECURITIES BROKER | $0 | $0 | 2023 |