2023 Form 5500 filing — Process Equipment & Service Company, 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 20250408121256NAL0029741344001) for Process Equipment & Service Company, Inc. 401(K) Plan, reported by Process Equipment & Service Company, Inc. under EIN 85-0237928 and plan number 001. It reports 458 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250408121256NAL0029741344001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Process Equipment & Service Company, Inc.
- EIN
- 85-0237928
- Plan number
- 001
- Location
- Farmington, NM
- Participants
- 458
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,837,505
- Total liabilities (EOY)
- $2,124
- Net assets (EOY)
- $11,835,381
- Employer contributions
- $684,802
- Participant contributions
- $695,874
- Total income / additions
- $2,832,726
- Benefits paid
- $872,005
- Administrative expenses
- $95,315
- Total expenses
- $967,320
- Net increase / (decrease)
- $1,865,406
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $54,636 | $0 |
| Clifton Larson Allen Wealth Advisor | INVESTMENT ADVISOR | $36,772 | not reported in the loaded dataset |
| Map Retirement Usa LLC | CONTRACT ADMIN | $18,377 | not reported in the loaded dataset |
| Leafhouse Financial Advisors, LLC | OTHER | $5,260 | not reported in the loaded dataset |