Portacool, LLC 401(K) Plan — Form 5500 plan (Portacool, 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, Portacool, LLC 401(K) Plan is a benefit plan reported by Portacool, LLC under EIN 20-5726218 and plan number 001. The latest loaded filing year is 2023. The filing reports 910 participants and $8,248,642 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.2MPlan net assets, end of year$8,248,642
Participants910Covered participants reported
Assets / participant$9.1KComputed: assets ÷ participants$9,064 (computed)
Provider compensation$68.4K1 Schedule C provider row(s)$68,435
Plan sponsor
Portacool, LLC
EIN
20-5726218
Plan number
001
Plan type
2
Location
Center, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023910H, C20241220102003NAL0009426816001
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)$8.2M total assets
Net assets$8.2MLiabilities$0
Money in vs. money out
Total income / additions$2.3M
Total expenses$1.5M
Benefits paid / distributions$1.4M
Contributions
Employer$373.1K
Participant$769.4K
Full reported line items

Net assets

Total assets (EOY)
$8,248,642
Total liabilities (EOY)
$0
Net assets (EOY)
$8,248,642
Net assets (BOY)
$7,399,862

Income & contributions

Employer contributions
$373,147
Participant contributions
$769,436
Total contributions
$1,142,583
Total income / additions
$2,338,091

Expenses & distributions

Benefits paid
$1,420,876
Administrative expenses
$68,435
Total expenses
$1,489,311
Net increase / (decrease)
$848,780
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 33%Participant 67%
Total expenses ÷ net assets18%Computed ratio
Benefits paid ÷ total income61%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Nationwide InsuranceRECORDKEEPER$68,435$02023

Related Form 5500 pages