2023 Form 5500 filing — Proact, 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 20250411135140NAL0026230833001) for Proact, Inc. 401(K) Plan, reported by Proact, Inc. under EIN 23-7239408 and plan number 001. It reports 172 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)$10.2MReported net assets$10,179,398
Participants172
Provider compensation$6K2 Schedule C row(s)$5,973
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20250411135140NAL0026230833001
Plan sponsor
Proact, Inc.
EIN
23-7239408
Plan number
001
Location
Eagan, MN
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)$10.2M total assets
Net assets$10.2MLiabilities$175
Money in vs. money out
Total income / additions$2M
Total expenses$910.2K
Benefits paid / distributions$902.1K
Contributions
Employer$410.1K
Participant$296.6K
Full reported line items
Total assets (EOY)
$10,179,573
Total liabilities (EOY)
$175
Net assets (EOY)
$10,179,398
Employer contributions
$410,066
Participant contributions
$296,642
Total income / additions
$2,004,631
Benefits paid
$902,146
Administrative expenses
$8,075
Total expenses
$910,221
Net increase / (decrease)
$1,094,410

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Tax Sheltered CompensationTPAnot reported in the loaded dataset$4,517
MorningstarBROKER DEALERnot reported in the loaded dataset$1,456

Related Form 5500 pages