Premier Mortgage Resources 401(K) Plan — Form 5500 plan (Premier Mortgage Resources)

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 Mortgage Resources 401(K) Plan is a benefit plan reported by Premier Mortgage Resources under EIN 20-2718340 and plan number 001. The latest loaded filing year is 2023. The filing reports 348 participants and $8,597,342 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.6MPlan net assets, end of year$8,597,342
Participants348Covered participants reported
Assets / participant$24.7KComputed: assets ÷ participants$24,705 (computed)
Provider compensation$60.7K4 Schedule C provider row(s)$60,666
Plan sponsor
Premier Mortgage Resources
EIN
20-2718340
Plan number
001
Plan type
2
Location
Portland, OR
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023348H, C20241015152841NAL0028934209001
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)$8.6M total assets
Net assets$8.6MLiabilities$0
Money in vs. money out
Total income / additions$2.8M
Total expenses$1.4M
Benefits paid / distributions$1.3M
Contributions
Employer$264.6K
Participant$1.3M
Full reported line items

Net assets

Total assets (EOY)
$8,597,342
Total liabilities (EOY)
$0
Net assets (EOY)
$8,597,342
Net assets (BOY)
$7,201,340

Income & contributions

Employer contributions
$264,567
Participant contributions
$1,286,451
Total contributions
$1,650,524
Total income / additions
$2,790,025

Expenses & distributions

Benefits paid
$1,279,995
Administrative expenses
$60,666
Total expenses
$1,394,023
Net increase / (decrease)
$1,396,002

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$23,581$02023
Ubs Financial Services IncINVESTMENT ADVISOR$19,161not reported in the loaded dataset2023
Richey May & Co LlpAUDITOR$15,000not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$2,924not reported in the loaded dataset2023

Related Form 5500 pages