2023 Form 5500 filing — Proactive Business Solutions Inc 401k 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 20240916051354NAL0003100050001) for Proactive Business Solutions Inc 401k Plan, reported by Proactive Business Solutions, under EIN 94-3311770 and plan number 001. It reports 206 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)$3.1MReported net assets$3,059,267
Participants206
Provider compensation$8.8K1 Schedule C row(s)$8,787
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240916051354NAL0003100050001
Plan sponsor
Proactive Business Solutions,
EIN
94-3311770
Plan number
001
Location
Hayward, CA
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)$3.1M total assets
Net assets$3.1MLiabilities$0
Money in vs. money out
Total income / additions$880.9K
Total expenses$794.8K
Benefits paid / distributions$764.9K
Contributions
EmployerNot reported
Participant$415.9K
Full reported line items
Total assets (EOY)
$3,059,267
Total liabilities (EOY)
$0
Net assets (EOY)
$3,059,267
Participant contributions
$415,884
Total income / additions
$880,945
Benefits paid
$764,912
Administrative expenses
$16,839
Total expenses
$794,772
Net increase / (decrease)
$86,173
Schedule C

Reported service provider compensation

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

  1. 1
    RECORD KEEPER · Direct $8.8K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240916051354NAL0003100050001 cover?
It is the 2023 Form 5500 filing for Proactive Business Solutions Inc 401k Plan, reported by Proactive Business Solutions, (EIN 94-3311770).
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