2023 Form 5500 filing — The Prince & Izant Company Profit Sharing Plan And Trust
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 20241008120728NAL0028503824001) for The Prince & Izant Company Profit Sharing Plan And Trust, reported by The Prince & Izant Company under EIN 34-0471740 and plan number 001. It reports 174 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008120728NAL0028503824001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Prince & Izant Company
- EIN
- 34-0471740
- Plan number
- 001
- Location
- Cleveland, OH
- Participants
- 174
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $27,815,315
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,815,315
- Employer contributions
- $1,742,554
- Participant contributions
- $685,745
- Total income / additions
- $5,771,919
- Benefits paid
- $604,571
- Administrative expenses
- $46,622
- Total expenses
- $651,193
- Net increase / (decrease)
- $5,120,726
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Usi Consulting Group, Inc. | NONE | $22,765 | not reported in the loaded dataset |
| Highland Consulting Associates, Inc | NONE | $16,000 | not reported in the loaded dataset |
| Matrix Trust Company | TRUSTEE | $7,857 | $0 |