2023 Form 5500 filing — Panco Management Of New Jersey, LLC 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 20240813110057NAL0005724851001) for Panco Management Of New Jersey, LLC 401(K) Plan, reported by Panco Management Of New Jersey, LLC under EIN 22-3609569 and plan number 001. It reports 309 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240813110057NAL0005724851001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Panco Management Of New Jersey, LLC
- EIN
- 22-3609569
- Plan number
- 001
- Location
- Rochelle Park, NJ
- Participants
- 309
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $10,535,854
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,535,854
- Employer contributions
- $211,941
- Participant contributions
- $1,214,431
- Total income / additions
- $3,497,306
- Benefits paid
- $1,931,740
- Administrative expenses
- $71,628
- Total expenses
- $2,117,011
- Net increase / (decrease)
- $1,380,295
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch | RETAINED BY CLIENT | $36,536 | $0 |
| John Hancock Life Insurance Company | RECORDKEEPER | $35,092 | not reported in the loaded dataset |