2023 Form 5500 filing — Propex 401k 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 20240906145136NAL0002067664002) for Propex 401k Savings Plan, reported by Propex Operating Company, LLC. under EIN 80-0348717 and plan number 002. It reports 451 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240906145136NAL0002067664002
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Propex Operating Company, LLC.
- EIN
- 80-0348717
- Plan number
- 002
- Location
- Chattanooga, TN
- Participants
- 451
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $28,047,896
- Net assets (EOY)
- $28,047,896
- Employer contributions
- $379,563
- Participant contributions
- $1,063,262
- Total income / additions
- $5,326,877
- Benefits paid
- $3,533,504
- Administrative expenses
- $39,323
- Total expenses
- $3,579,001
- Net increase / (decrease)
- $1,747,876
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $39,323 | $0 |
| National Financial Sercives | SECURITIES BROKER | $0 | $0 |