2023 Form 5500 filing — Palace Employees 401(K) 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 20240827102423NAL0017428096001) for Palace Employees 401(K) Savings Plan, reported by Palace Sports & Entertainment, LLC under EIN 38-2670394 and plan number 002. It reports 685 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$32.5MReported net assets$32,502,400
Participants685
Provider compensation$12.1K2 Schedule C row(s)$12,139
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240827102423NAL0017428096001
Plan sponsor
Palace Sports & Entertainment, LLC
EIN
38-2670394
Plan number
002
Location
Detroit, MI
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 H · 2023

Reported financial snapshot

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

Reported balance (end of year)$32.5M total assets
Net assets$32.5MLiabilities$0
Money in vs. money out
Total income / additions$7.7M
Total expenses$2.2M
Benefits paid / distributions$2.2M
Contributions
Employer$811.7K
Participant$1.7M
Full reported line items
Total assets (EOY)
$32,502,400
Total liabilities (EOY)
$0
Net assets (EOY)
$32,502,400
Employer contributions
$811,681
Participant contributions
$1,684,953
Total income / additions
$7,722,169
Benefits paid
$2,225,462
Administrative expenses
$12,139
Total expenses
$2,237,601
Net increase / (decrease)
$5,484,568
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    ADVISOR · Direct $7.4K
  2. 2
    RECORDKEEPER · Direct $4.8K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240827102423NAL0017428096001 cover?
It is the 2023 Form 5500 filing for Palace Employees 401(K) Savings Plan, reported by Palace Sports & Entertainment, LLC (EIN 38-2670394).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages