Premier Technology 401(K) Profit Sharing Plan — Form 5500 plan (Premier Technology Solutions, Inc.)

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, Premier Technology 401(K) Profit Sharing Plan is a benefit plan reported by Premier Technology Solutions, Inc. under EIN 13-3933805 and plan number 001. The latest loaded filing year is 2023. The filing reports 32 participants and $6,454,048 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.5MPlan net assets, end of year$6,454,048
Participants32Covered participants reported
Assets / participant$201.7KComputed: assets ÷ participants$201,689 (computed)
Provider compensationNone reported
Plan sponsor
Premier Technology Solutions, Inc.
EIN
13-3933805
Plan number
001
Plan type
2
Location
New York, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202332I20240930131059NAL0002635683001
Schedule I · 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)$6.5M total assets
Net assets$6.5MLiabilities$0
Money in vs. money out
Total income / additions$1.3M
Total expenses$162.9K
Benefits paid / distributions$139.3K
Contributions
Employer$49.2K
Participant$263.4K
Full reported line items

Net assets

Total assets (EOY)
$6,454,048
Total liabilities (EOY)
$0
Net assets (EOY)
$6,454,048
Net assets (BOY)
$5,360,514

Income & contributions

Employer contributions
$49,247
Participant contributions
$263,427
Total income / additions
$1,256,467

Expenses & distributions

Benefits paid
$139,257
Administrative expenses
$23,676
Total expenses
$162,933
Net increase / (decrease)
$1,093,534
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.

Contribution share (employer vs. participant)
Employer 16%Participant 84%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income11%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages