2023 Form 5500 filing — Parata Systems, 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 20241015130637NAL0028517313001) for Parata Systems, LLC 401(K) Plan, reported by Parata Systems, LLC under EIN 52-2340471 and plan number 001. It reports 675 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015130637NAL0028517313001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Parata Systems, LLC
- EIN
- 52-2340471
- Plan number
- 001
- Location
- Durham, NC
- Participants
- 675
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Employer contributions
- $920,790
- Participant contributions
- $4,264,355
- Total income / additions
- $12,510,176
- Benefits paid
- $6,113,175
- Administrative expenses
- $134,774
- Total expenses
- $6,250,210
- Net increase / (decrease)
- $6,259,966
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lockton Financial Advisors LLC | ADVISOR | $60,000 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $57,974 | $0 |
| Creative Planning, LLC | INVESTMENT ADVISOR | $16,800 | not reported in the loaded dataset |