Procon LLC 401(K) Profit Sharing Plan — Form 5500 plan (Procon LLC)
Plain-English plan 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, Procon LLC 401(K) Profit Sharing Plan is a benefit plan reported by Procon LLC under EIN 02-0308505 and plan number 002. The latest loaded filing year is 2023. The filing reports 197 participants and $26,483,241 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$26.5MPlan net assets, end of year$26,483,241
Participants197Covered participants reported
Assets / participant$134.4KComputed: assets ÷ participants$134,433 (computed)
Provider compensation$74.9K4 Schedule C provider row(s)$74,948
- Plan sponsor
- Procon LLC
- EIN
- 02-0308505
- Plan number
- 002
- Plan type
- 3
- Location
- Manchester, NH
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 197 | H, C | 20241004140443NAL0012304081001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$26.5M total assets
Net assets$26.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $26,483,241
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,483,241
- Net assets (BOY)
- $23,796,882
Income & contributions
- Employer contributions
- $187,658
- Participant contributions
- $1,695,097
- Total contributions
- $1,882,755
- Total income / additions
- $5,932,283
Expenses & distributions
- Benefits paid
- $3,180,976
- Administrative expenses
- $64,948
- Total expenses
- $3,245,924
- Net increase / (decrease)
- $2,686,359
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
90%
Employer 10%Participant 90%
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income54%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Global Retirement Partners LLC | INVESTMENT ADVISOR | $40,000 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $19,071 | $0 | 2023 |
| The Angell Pension Group, Inc | CONTRACT ADMIN | $1,900 | $10,000 | 2023 |
| Empower Advisory Group LLC | INVESTMENT MGMT | $3,977 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Procon LLC
- 2023 Form 5500 filing
- Form 5500 filings in NH
- 401(k) and benefit plan filings in Manchester, NH
- Global Retirement Partners LLC — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- The Angell Pension Group, Inc — Schedule C compensation
- Empower Advisory Group LLC — Schedule C compensation