2023 Form 5500 filing — Power Systems Mfg., LLC 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 20241014134745NAL0046224432001) for Power Systems Mfg., LLC 401(K) Plan, reported by Power Systems Mfg., LLC under EIN 20-8576861 and plan number 001. It reports 493 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014134745NAL0046224432001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Power Systems Mfg., LLC
- EIN
- 20-8576861
- Plan number
- 001
- Location
- Jupiter, FL
- Participants
- 493
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $111,917,598
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $111,917,598
- Employer contributions
- $5,097,717
- Participant contributions
- $4,899,154
- Total income / additions
- $31,250,216
- Benefits paid
- $7,559,199
- Administrative expenses
- -$30,150
- Total expenses
- $7,529,049
- Net increase / (decrease)
- $23,721,167
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Creative Planning, LLC | INVESTMENT ADVISOR | $25,000 | not reported in the loaded dataset |
| Berkowitz Pollack Brant | ACCOUNTANT/AUDITOR | $24,000 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $10,056 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$89,206 | $0 |