2023 Form 5500 filing — Pusan Pipe America, Inc. Employee Profit Sharing & Savings 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 20241013153032NAL0024872801001) for Pusan Pipe America, Inc. Employee Profit Sharing & Savings Plan, reported by Pusan Pipe America, Inc. under EIN 95-3278851 and plan number 002. It reports 440 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241013153032NAL0024872801001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Pusan Pipe America, Inc.
- EIN
- 95-3278851
- Plan number
- 002
- Location
- Irvine, CA
- Participants
- 440
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $19,690,366
- Total liabilities (EOY)
- $18,095
- Net assets (EOY)
- $19,672,271
- Employer contributions
- $1,909,745
- Participant contributions
- $1,501,066
- Total income / additions
- $5,899,772
- Benefits paid
- $2,586,767
- Administrative expenses
- $30,282
- Total expenses
- $2,617,049
- Net increase / (decrease)
- $3,282,723
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cps Benefits | SERVICE PROVIDER | $8,218 | $0 |
| Qualified Services Inc. Dba Hicks P | THIRD PARTY ADMINISTRATO | $0 | $6,118 |
| Ascensus | THIRD PARTY ADMINISTRATO | $0 | $1,840 |