2023 Form 5500 filing — Palram 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 20241010075939NAL0009817235001) for Palram 401(K) Plan, reported by Palram Americas, Inc. under EIN 87-0513572 and plan number 001. It reports 302 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)$7.4MReported net assets$7,433,512
Participants302
Provider compensation$41.3K2 Schedule C row(s)$41,313
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241010075939NAL0009817235001
- Plan sponsor
- Palram Americas, Inc.
- EIN
- 87-0513572
- Plan number
- 001
- Location
- Kutztown, PA
- 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)$7.4M total assets
Net assets$7.4MLiabilities$0
Full reported line items
- Total assets (EOY)
- $7,433,512
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,433,512
- Employer contributions
- $206,181
- Participant contributions
- $610,160
- Total income / additions
- $1,999,983
- Benefits paid
- $1,003,736
- Administrative expenses
- $41,313
- Total expenses
- $1,086,401
- Net increase / (decrease)
- $913,582
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $23,945 | $0 |
| Cornerstone Advisors Asset Manageme | INVESTMENT ADVISOR | $17,368 | not reported in the loaded dataset |