2023 Form 5500 filing — Prospance Inc. 401(K) 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 20240711164731NAL0025476176001) for Prospance Inc. 401(K) Plan, reported by Prospance Inc. under EIN 27-0493412 and plan number 001. It reports 52 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$2.6MReported net assets$2,617,971
Participants52
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20240711164731NAL0025476176001
Plan sponsor
Prospance Inc.
EIN
27-0493412
Plan number
001
Location
Newark, CA
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$2.6M total assets
Net assets$2.6MLiabilities$0
Money in vs. money out
Total income / additions$675.7K
Total expenses$480.1K
Benefits paid / distributions$473.4K
Contributions
Employer$0
Participant$170.7K
Full reported line items
Total assets (EOY)
$2,617,971
Total liabilities (EOY)
$0
Net assets (EOY)
$2,617,971
Employer contributions
$0
Participant contributions
$170,706
Total income / additions
$675,693
Benefits paid
$473,438
Administrative expenses
$6,658
Total expenses
$480,096
Net increase / (decrease)
$195,597

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240711164731NAL0025476176001 cover?
It is the 2023 Form 5500 filing for Prospance Inc. 401(K) Plan, reported by Prospance Inc. (EIN 27-0493412).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule I (small plan financials).

Related Form 5500 pages