2023 Form 5500 filing — Paradise Energy Solutions, LLC Employee Benefit Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240627062249NAL0020690450001) for Paradise Energy Solutions, LLC Employee Benefit Plan, reported by Paradise Energy Solutions, LLC under EIN 26-3725190 and plan number 501. It reports 83 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20240627062249NAL0020690450001
Filing year
2023
Form type
2
Plan sponsor
Paradise Energy Solutions, LLC
EIN
26-3725190
Plan number
501
Location
Paradise, PA
Participants
83
Schedules available
Schedule I, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$72,597
Total liabilities (EOY)
$82,925
Net assets (EOY)
-$10,328
Employer contributions
$755,706
Participant contributions
$303,008
Total income / additions
$1,064,266
Benefits paid
$541,631
Administrative expenses
$15,762
Total expenses
$1,046,395
Net increase / (decrease)
$17,871
Schedule source
Schedule I

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Engle Hambright & Davies, Inc.BROKER$39,580not reported in the loaded dataset
The Benecon GroupBROKER$21,185not reported in the loaded dataset
Highmark Blue Shield (Central)ADMIN$15,762not reported in the loaded dataset
Connectcare3PATIENT ADVOCATE$5,980not reported in the loaded dataset

Related Form 5500 pages