2023 Form 5500 filing — Proven Partners Manufacturing 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 20241015165203NAL0016914275001) for Proven Partners Manufacturing Retirement Savings Plan, reported by Proven Partners Manufacturing under EIN 20-2145505 and plan number 001. It reports 374 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$2.6MReported net assets$2,603,089
Participants374
Provider compensation$23.9K2 Schedule C row(s)$23,938
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015165203NAL0016914275001
Plan sponsor
Proven Partners Manufacturing
EIN
20-2145505
Plan number
001
Location
Elgin, IL
Received date
not reported in the loaded dataset
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)$2.6M total assets
Net assets$2.6MLiabilities
Money in vs. money out
Total income / additions$902.9K
Total expenses$294.4K
Benefits paid / distributions$270.4K
Contributions
Employer$161.8K
Participant$300.5K
Full reported line items
Total assets (EOY)
$2,603,089
Net assets (EOY)
$2,603,089
Employer contributions
$161,834
Participant contributions
$300,512
Total income / additions
$902,933
Benefits paid
$270,447
Administrative expenses
$23,938
Total expenses
$294,385
Net increase / (decrease)
$608,548

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Transamerica Financial Life Ins CoRECORDKEEPER$17,695$0
Merrill Lynch Life Agency, Inc.INVESTMENT ADVISOR$6,243not reported in the loaded dataset

Related Form 5500 pages