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, Poms & Associates Insurance Brokers, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Poms & Associates Insurance Brokers, LLC under EIN 95-4314381 and plan number 001. The latest loaded filing year is 2023. The filing reports 146 participants and $25,425,422 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $25,425,422
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,425,422
- Net assets (BOY)
- $21,517,653
Income & contributions
- Employer contributions
- $924,214
- Participant contributions
- $1,097,533
- Total contributions
- $3,733,577
- Total income / additions
- $7,063,621
Expenses & distributions
- Benefits paid
- $3,065,433
- Administrative expenses
- $90,419
- Total expenses
- $3,155,852
- Net increase / (decrease)
- $3,907,769