2023 Form 5500 filing — Pic Group, Inc. 401(K) Wealth Accumulation 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 20241015092026NAL0055344258001) for Pic Group, Inc. 401(K) Wealth Accumulation Plan, reported by Pic Group, Inc. under EIN 62-1409871 and plan number 002. It reports 498 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015092026NAL0055344258001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Pic Group, Inc.
- EIN
- 62-1409871
- Plan number
- 002
- Location
- Atlanta, GA
- Participants
- 498
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $33,516,806
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $33,516,806
- Employer contributions
- $1,443,938
- Participant contributions
- $3,215,472
- Total income / additions
- $10,989,903
- Benefits paid
- $2,793,290
- Administrative expenses
- $99,525
- Total expenses
- $2,913,444
- Net increase / (decrease)
- $8,076,459
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $49,970 | $0 |
| Merrill Lynch Pierce Fenner & Smith | INVESTMENT ADVISOR | $30,958 | $12,540 |
| Moore Colson | ACCOUNTANT | $18,595 | $0 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 |