2023 Form 5500 filing — Peco Foods, Inc. Retirement Savings 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 20240825095032NAL0014202832001) for Peco Foods, Inc. Retirement Savings Plan, reported by Peco Foods, Inc. under EIN 63-0574021 and plan number 001. It reports 7,591 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240825095032NAL0014202832001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Peco Foods, Inc.
- EIN
- 63-0574021
- Plan number
- 001
- Location
- Tuscaloosa, AL
- Participants
- 7,591
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $114,042,505
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $114,042,505
- Employer contributions
- $4,151,001
- Participant contributions
- $15,965,683
- Total income / additions
- $35,569,640
- Benefits paid
- $15,174,615
- Administrative expenses
- $832,097
- Total expenses
- $16,023,961
- Net increase / (decrease)
- $19,545,679
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $701,830 | $0 |
| Merrill Lynch Pierce Fenner & Smith | CONSULTANT | $130,267 | $12,124 |