2023 Form 5500 filing — Potential Development Program, Inc. 403(B) 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 20241011103127NAL0021675921001) for Potential Development Program, Inc. 403(B) Plan, reported by Potential Development Program, Inc. under EIN 34-0789759 and plan number 003. It reports 127 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)$2.1MReported net assets$2,110,378
Participants127
Provider compensation$20.7K2 Schedule C row(s)$20,726
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241011103127NAL0021675921001
- Plan sponsor
- Potential Development Program, Inc.
- EIN
- 34-0789759
- Plan number
- 003
- Location
- Youngstown, OH
- 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)$2.1M total assets
Net assets$2.1MLiabilities$0
Full reported line items
- Total assets (EOY)
- $2,110,378
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,110,378
- Employer contributions
- $271,904
- Participant contributions
- $178,202
- Total income / additions
- $746,053
- Benefits paid
- $80,546
- Administrative expenses
- $20,772
- Total expenses
- $101,318
- Net increase / (decrease)
- $644,735
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Elsass Financial Group, Inc. | NONE | $10,737 | not reported in the loaded dataset |
| Ami Benefit Plan Administrators, In | NONE | $9,989 | not reported in the loaded dataset |