2023 Form 5500 filing — Professional Contract Services, Inc. Retirement 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 20241015134202NAL0028613873005) for Professional Contract Services, Inc. Retirement Savings Plan, reported by Professional Contract Services, Inc. under EIN 74-2786094 and plan number 001. It reports 2,116 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015134202NAL0028613873005
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Professional Contract Services, Inc.
- EIN
- 74-2786094
- Plan number
- 001
- Location
- Austin, TX
- Participants
- 2,116
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $48,907,252
- Net assets (EOY)
- $48,907,252
- Employer contributions
- $6,203,535
- Participant contributions
- $2,257,458
- Total income / additions
- $15,515,763
- Benefits paid
- $5,774,950
- Administrative expenses
- $231,601
- Total expenses
- $6,006,551
- Net increase / (decrease)
- $9,509,212
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $180,461 | $0 |
| Pensionmark Securities, LLC | BROKER | $0 | $55,589 |
| Nova 401(K) Associates Lp | THIRD PARTY ADMINISTRATOR | $51,139 | $1,737 |
| Fsc Securities Corp | BROKER | $0 | $10,469 |