2023 Form 5500 filing — Palermo Villa, 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 20240807114326NAL0006259472001) for Palermo Villa, Inc. 401(K) Plan, reported by Palermo Villa, Inc. under EIN 39-1035704 and plan number 002. It reports 952 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240807114326NAL0006259472001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Palermo Villa, Inc.
- EIN
- 39-1035704
- Plan number
- 002
- Location
- Milwaukee, WI
- Participants
- 952
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $30,356,602
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $30,356,602
- Employer contributions
- $1,404,594
- Participant contributions
- $2,730,687
- Total income / additions
- $9,198,830
- Benefits paid
- $1,830,878
- Administrative expenses
- $112,981
- Total expenses
- $1,943,859
- Net increase / (decrease)
- $7,254,971
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $72,307 | $0 |
| Creative Planning, Inc. | INVESTMENT ADVISORY | $35,776 | $12 |
| Vrakas S.C. | ACCOUNTANT | $4,898 | $6,979 |