Penny Lane 401(K) Retirement Plan — Form 5500 plan (Penny Lane Centers)
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, Penny Lane 401(K) Retirement Plan is a benefit plan reported by Penny Lane Centers under EIN 95-2633765 and plan number 001. The latest loaded filing year is 2023. The filing reports 645 participants and $17,908,026 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Penny Lane Centers
- EIN
- 95-2633765
- Plan number
- 001
- Plan type
- 2
- Location
- North Hills, CA
- Latest filing year
- 2023
- Participants
- 645
- End-of-year plan assets
- $17,908,026
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 645 | H, C | 20241014113120NAL0013205731001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,908,026
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,908,026
- Net assets (BOY)
- $16,374,158
Income & contributions
- Employer contributions
- $334,079
- Participant contributions
- $1,334,836
- Total contributions
- $1,759,833
- Total income / additions
- $4,151,312
Expenses & distributions
- Benefits paid
- $2,606,530
- Administrative expenses
- $10,914
- Total expenses
- $2,617,444
- Net increase / (decrease)
- $1,533,868
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Life Insurance Company | RECORDKEEPER | $10,849 | $0 | 2023 |
| Futureplan By Ascensus | RECORDKEEPER | $0 | $0 | 2023 |