2023 Form 5500 filing — Procon LLC 401(K) Profit Sharing 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 20241004140443NAL0012304081001) for Procon LLC 401(K) Profit Sharing Plan, reported by Procon LLC under EIN 02-0308505 and plan number 002. It reports 197 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 3 · 2023

Filing snapshot

Net assets (EOY)$26.5MReported net assets$26,483,241
Participants197
Provider compensation$74.9K4 Schedule C row(s)$74,948
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241004140443NAL0012304081001
Plan sponsor
Procon LLC
EIN
02-0308505
Plan number
002
Location
Manchester, NH
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)$26.5M total assets
Net assets$26.5MLiabilities$0
Money in vs. money out
Total income / additions$5.9M
Total expenses$3.2M
Benefits paid / distributions$3.2M
Contributions
Employer$187.7K
Participant$1.7M
Full reported line items
Total assets (EOY)
$26,483,241
Total liabilities (EOY)
$0
Net assets (EOY)
$26,483,241
Employer contributions
$187,658
Participant contributions
$1,695,097
Total income / additions
$5,932,283
Benefits paid
$3,180,976
Administrative expenses
$64,948
Total expenses
$3,245,924
Net increase / (decrease)
$2,686,359

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Global Retirement Partners LLCINVESTMENT ADVISOR$40,000not reported in the loaded dataset
Empower Annuity Insurance Company ORECORDKEEPER$19,071$0
The Angell Pension Group, IncCONTRACT ADMIN$1,900$10,000
Empower Advisory Group LLCINVESTMENT MGMT$3,977not reported in the loaded dataset

Related Form 5500 pages