2023 Form 5500 filing — Principle Choice 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 20241119130504NAL0001396131001) for Principle Choice Solutions, LLC 401(K) Plan, reported by Principle Choice Solutions, LLC under EIN 47-2275889 and plan number 001. It reports 567 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241119130504NAL0001396131001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Principle Choice Solutions, LLC
- EIN
- 47-2275889
- Plan number
- 001
- Location
- Dumfries, VA
- Participants
- 567
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,839,042
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,839,042
- Employer contributions
- $178,864
- Participant contributions
- $497,344
- Total income / additions
- $1,180,429
- Benefits paid
- $90,223
- Administrative expenses
- $28,154
- Total expenses
- $118,377
- Net increase / (decrease)
- $1,062,052
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Life Insurance Company | RECORDKEEPER | $17,469 | not reported in the loaded dataset |
| Rbc Capital Markets LLC | INVESTMENT AD VISORY - PL | $8,367 | not reported in the loaded dataset |
| Pension Administrators LLC | RECORDKEEPER | $2,025 | not reported in the loaded dataset |