2023 Form 5500 filing — Prince Group 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 20240903105258NAL0030691696001) for Prince Group 401(K) Plan, reported by Prince Group, Inc. under EIN 38-3382187 and plan number 001. It reports 215 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)$7.9MReported net assets$7,855,265
Participants215
Provider compensation$47K2 Schedule C row(s)$46,997
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240903105258NAL0030691696001
Plan sponsor
Prince Group, Inc.
EIN
38-3382187
Plan number
001
Location
Mills River, NC
Received date
not reported in the loaded dataset
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)$7.9M total assets
Net assets$7.9MLiabilities$0
Money in vs. money out
Total income / additions$1.6M
Total expenses$337.3K
Benefits paid / distributions$299.4K
Contributions
Employer$52.9K
Participant$273.9K
Full reported line items
Total assets (EOY)
$7,855,265
Total liabilities (EOY)
$0
Net assets (EOY)
$7,855,265
Employer contributions
$52,946
Participant contributions
$273,864
Total income / additions
$1,565,460
Benefits paid
$299,419
Administrative expenses
$37,868
Total expenses
$337,287
Net increase / (decrease)
$1,228,173

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$37,868$0
Principal Securities IncINVESTMENT ADVISORY$0$9,129

Related Form 5500 pages