2023 Form 5500 filing — Planet Equity Group, 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 20241015150512NAL0050082336001) for Planet Equity Group, LLC 401(K) Plan, reported by Planet Equity Group, LLC under EIN 46-1996256 and plan number 001. It reports 3,305 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015150512NAL0050082336001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Planet Equity Group, LLC
- EIN
- 46-1996256
- Plan number
- 001
- Location
- Western Springs, IL
- Participants
- 3,305
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $48,931,553
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $48,931,553
- Employer contributions
- $1,748,429
- Participant contributions
- $10,957,368
- Total income / additions
- $23,344,462
- Benefits paid
- $5,162,417
- Administrative expenses
- $206,257
- Total expenses
- $5,368,674
- Net increase / (decrease)
- $17,975,788
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $206,189 | $0 |
| Equitable Advisors | INVESTMENT ADVISORY | $0 | $100,863 |
| Eta Consulting, LLC | OTHER SERVICES | $0 | $20,157 |
| Empower Annuity Insurance Company | RECORDKEEPER | $25 | not reported in the loaded dataset |
| Morningstar Investment Management L | INV ADV PARTICIPANTS | $0 | $0 |