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, Pelican Products 401(K) Plan is a benefit plan reported by Pelican Products, Inc. under EIN 95-3259634 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,375 participants and $119,846,935 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $119,846,935
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $119,846,935
- Net assets (BOY)
- $104,575,246
Income & contributions
- Employer contributions
- $2,376,938
- Participant contributions
- $5,316,101
- Total contributions
- $9,114,130
- Total income / additions
- $30,608,661
Expenses & distributions
- Benefits paid
- $15,305,843
- Administrative expenses
- $508
- Total expenses
- $15,336,972
- Net increase / (decrease)
- $15,271,689