2023 Form 5500 filing — Priority 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 20241010083015NAL0011300051001) for Priority 401(K)/Profit Sharing Plan, reported by Priority Acquisition Company LLC under EIN 85-4091454 and plan number 001. It reports 137 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)$5.7MReported net assets$5,697,063
Participants137
Provider compensation$12.2K2 Schedule C row(s)$12,209
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241010083015NAL0011300051001
- Plan sponsor
- Priority Acquisition Company LLC
- EIN
- 85-4091454
- Plan number
- 001
- Location
- Sheboygan, WI
- 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)$5.7M total assets
Net assets$5.7MLiabilities$0
Full reported line items
- Total assets (EOY)
- $5,697,063
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,697,063
- Employer contributions
- $243,527
- Participant contributions
- $618,523
- Total income / additions
- $1,815,390
- Benefits paid
- $492,095
- Administrative expenses
- $7,043
- Total expenses
- $499,138
- Net increase / (decrease)
- $1,316,252
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wells Fargo Clearing Services LLC | SERVICE PROVIDER | $0 | $12,209 |
| Voya Retirement Ins. & Annuity | SERVICE PROVIDER | $0 | $0 |