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, Palmer Holland, Inc. Profit Sharing Plan & Trust is a benefit plan reported by Palmer Holland, Inc. under EIN 34-0764574 and plan number 001. The latest loaded filing year is 2023. The filing reports 210 participants and $30,440,553 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $30,440,553
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $30,440,553
- Net assets (BOY)
- $23,361,835
Income & contributions
- Employer contributions
- $1,013,695
- Participant contributions
- $2,072,509
- Total contributions
- $4,620,881
- Total income / additions
- $9,524,677
Expenses & distributions
- Benefits paid
- $2,360,813
- Administrative expenses
- $85,146
- Total expenses
- $2,445,959
- Net increase / (decrease)
- $7,078,718