Prospect Transportation 401(K) — Form 5500 plan (Prospect Transportation)
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, Prospect Transportation 401(K) is a benefit plan reported by Prospect Transportation under EIN 22-2725070 and plan number 001. The latest loaded filing year is 2023. The filing reports 231 participants and $11,594,842 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Prospect Transportation
- EIN
- 22-2725070
- Plan number
- 001
- Plan type
- 2
- Location
- Carlstadt, NJ
- Latest filing year
- 2023
- Participants
- 231
- End-of-year plan assets
- $11,594,842
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 231 | H, C | 20240912152829NAL0008742353001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,594,842
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,594,842
- Net assets (BOY)
- $9,894,630
Income & contributions
- Employer contributions
- $25,800
- Participant contributions
- $783,254
- Total contributions
- $809,054
- Total income / additions
- $2,751,037
Expenses & distributions
- Benefits paid
- $931,857
- Administrative expenses
- $60,351
- Total expenses
- $1,050,825
- Net increase / (decrease)
- $1,700,212
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Rbc | INVESTMENT/FINANCIAL ADVI | $60,351 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |