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, Prime Administration, LLC 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Prime Administration, LLC under EIN 20-1149958 and plan number 001. The latest loaded filing year is 2023. The filing reports 568 participants and $18,737,423 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,737,423
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,737,423
- Net assets (BOY)
- $14,504,322
Income & contributions
- Employer contributions
- $790,891
- Participant contributions
- $1,531,486
- Total contributions
- $2,966,824
- Total income / additions
- $5,625,889
Expenses & distributions
- Benefits paid
- $1,323,436
- Administrative expenses
- $11,625
- Total expenses
- $1,392,788
- Net increase / (decrease)
- $4,233,101