2023 Form 5500 filing — Proton Energy Systems, Inc. 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 20241015163028NAL0030347793001) for Proton Energy Systems, Inc. 401(K) Plan, reported by Proton Energy Systems, Inc. under EIN 61-1846104 and plan number 002. It reports 225 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015163028NAL0030347793001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Proton Energy Systems, Inc.
- EIN
- 61-1846104
- Plan number
- 002
- Location
- Wallingford, CT
- Participants
- 225
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $23,084,697
- Net assets (EOY)
- $23,084,697
- Employer contributions
- $377,345
- Participant contributions
- $1,580,735
- Total income / additions
- $5,396,709
- Benefits paid
- $865,839
- Administrative expenses
- $8,747
- Total expenses
- $874,586
- Net increase / (decrease)
- $4,522,123
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Freeman Retirement Plan Consulting | TPA | not reported in the loaded dataset | $9,870 |
| Voya Retirement Ins And Annuity Co | INVESTMENT AD VISORY PART | $5,719 | not reported in the loaded dataset |
| Morningstar Investment Management | INVESTMENT AD VISORY PART | $3,028 | not reported in the loaded dataset |