2023 Form 5500 filing — Professional Solutions 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 20241015152541NAL0050171568001) for Professional Solutions LLC 401(K) Plan, reported by Professional Solutions1, LLC under EIN 71-0866205 and plan number 001. It reports 97 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$5.6MReported net assets$5,584,243
Participants97
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20241015152541NAL0050171568001
Plan sponsor
Professional Solutions1, LLC
EIN
71-0866205
Plan number
001
Location
Alexandria, VA
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 I · 2023

Reported financial snapshot

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

Reported balance (end of year)$5.6M total assets
Net assets$5.6MLiabilities$0
Money in vs. money out
Total income / additions$1.1M
Total expenses$565.3K
Benefits paid / distributions$547.4K
Contributions
Employer$65K
Participant$237.3K
Full reported line items
Total assets (EOY)
$5,584,243
Total liabilities (EOY)
$0
Net assets (EOY)
$5,584,243
Employer contributions
$65,046
Participant contributions
$237,339
Total income / additions
$1,081,120
Benefits paid
$547,444
Administrative expenses
$17,825
Total expenses
$565,269
Net increase / (decrease)
$515,851

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241015152541NAL0050171568001 cover?
It is the 2023 Form 5500 filing for Professional Solutions LLC 401(K) Plan, reported by Professional Solutions1, LLC (EIN 71-0866205).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule I (small plan financials).

Related Form 5500 pages