Pec Solutions, LLC Profit Sharing And 401(K) Plan — Form 5500 plan (Pec Solutions 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, Pec Solutions, LLC Profit Sharing And 401(K) Plan is a benefit plan reported by Pec Solutions LLC under EIN 06-1635069 and plan number 001. The latest loaded filing year is 2023. The filing reports 497 participants and $44,182,907 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Pec Solutions LLC
EIN
06-1635069
Plan number
001
Plan type
2
Location
Fridley, MN
Latest filing year
2023
Participants
497
End-of-year plan assets
$44,182,907

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023497H, C20241008052836NAL0027956368001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$44,182,907
Total liabilities (EOY)
$0
Net assets (EOY)
$44,182,907
Net assets (BOY)
$39,616,939

Income & contributions

Employer contributions
$1,850,855
Participant contributions
$3,046,182
Total contributions
$5,033,893
Total income / additions
$10,949,883

Expenses & distributions

Benefits paid
$6,259,617
Administrative expenses
$124,298
Total expenses
$6,383,915
Net increase / (decrease)
$4,565,968

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Newport Group, Inc.RECORDKEEPER$51,776$02023
Advanced Capital GroupADVISOR$44,346not reported in the loaded dataset2023
Newport Trust CompanyTRUSTEE$28,176not reported in the loaded dataset2023

Related Form 5500 pages