2023 Form 5500 filing — Prime Administration, LLC 401(K) Profit Sharing Plan & Trust
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 20241015200406NAL0051177088001) for Prime Administration, LLC 401(K) Profit Sharing Plan & Trust, reported by Prime Administration, LLC under EIN 20-1149958 and plan number 001. It reports 568 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015200406NAL0051177088001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Prime Administration, LLC
- EIN
- 20-1149958
- Plan number
- 001
- Location
- Los Angeles, CA
- Participants
- 568
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,737,423
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,737,423
- Employer contributions
- $790,891
- Participant contributions
- $1,531,486
- Total income / additions
- $5,625,889
- Benefits paid
- $1,323,436
- Administrative expenses
- $11,625
- Total expenses
- $1,392,788
- Net increase / (decrease)
- $4,233,101
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Voya Retirement Insurance And Annui | SERVICE PROVIDER | $11,625 | not reported in the loaded dataset |
| Nicholas Pension Consultants | THIRD PARTY ADMIN | $0 | $7,666 |