2023 Form 5500 filing — Propel Hr 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 20241015144011NAL0056723026001) for Propel Hr 401(K) Plan, reported by Propel Peo, Inc. under EIN 20-5888849 and plan number 333. It reports 2,718 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 3 · 2023

Filing snapshot

Net assets (EOY)$42.5MReported net assets$42,517,917
Participants2.7K2,718
Provider compensation$260.9K2 Schedule C row(s)$260,850
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015144011NAL0056723026001
Plan sponsor
Propel Peo, Inc.
EIN
20-5888849
Plan number
333
Location
Greenville, SC
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$42.5M total assets
Net assets$42.5MLiabilities$0
Money in vs. money out
Total income / additions$15.4M
Total expenses$4.5M
Benefits paid / distributions$4.3M
Contributions
Employer$2.8M
Participant$6M
Full reported line items
Total assets (EOY)
$42,517,917
Total liabilities (EOY)
$0
Net assets (EOY)
$42,517,917
Employer contributions
$2,814,192
Participant contributions
$5,954,181
Total income / additions
$15,432,923
Benefits paid
$4,256,963
Administrative expenses
$266,745
Total expenses
$4,523,708
Net increase / (decrease)
$10,909,215
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    TPA · Direct $249.5K
  2. 2
    INVESTMENT MGMT · Direct $11.3K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241015144011NAL0056723026001 cover?
It is the 2023 Form 5500 filing for Propel Hr 401(K) Plan, reported by Propel Peo, Inc. (EIN 20-5888849).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages