2023 Form 5500 filing — Pelican Products 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 20241011121812NAL0021830353001) for Pelican Products 401(K) Plan, reported by Pelican Products, Inc. under EIN 95-3259634 and plan number 002. It reports 1,375 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011121812NAL0021830353001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Pelican Products, Inc.
- EIN
- 95-3259634
- Plan number
- 002
- Location
- Torrance, CA
- Participants
- 1,375
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $119,846,935
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $119,846,935
- Employer contributions
- $2,376,938
- Participant contributions
- $5,316,101
- Total income / additions
- $30,608,661
- Benefits paid
- $15,305,843
- Administrative expenses
- $508
- Total expenses
- $15,336,972
- Net increase / (decrease)
- $15,271,689
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Sageview Advisory Group, LLC | INVESTMENT ADVISOR | $10,000 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$9,492 | $0 |