Patrick Industries, Inc. 401(K) Employee Savings Plan — Form 5500 plan (Patrick Industries, Inc.)

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, Patrick Industries, Inc. 401(K) Employee Savings Plan is a benefit plan reported by Patrick Industries, Inc. under EIN 35-1057796 and plan number 001. The latest loaded filing year is 2023. The filing reports 11,057 participants and $127,073,698 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Patrick Industries, Inc.
EIN
35-1057796
Plan number
001
Plan type
2
Location
Elkhart, IN
Latest filing year
2023
Participants
11,057
End-of-year plan assets
$127,073,698

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202311,057H, C20241007110921NAL0008808883001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$127,073,698
Total liabilities (EOY)
$0
Net assets (EOY)
$127,073,698
Net assets (BOY)
$87,579,207

Income & contributions

Employer contributions
$9,109,188
Participant contributions
$15,606,575
Total contributions
$28,335,973
Total income / additions
$47,269,352

Expenses & distributions

Benefits paid
$14,763,527
Administrative expenses
$434,028
Total expenses
$15,244,001
Net increase / (decrease)
$32,025,351

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$319,196$02023
Guidance InvestmentCONSULTANT$59,102not reported in the loaded dataset2023
Strategic Advisors, Inc.ADVISOR$29,479not reported in the loaded dataset2023
Crowe LlpACCOUNTANT/AUDITOR$26,250not reported in the loaded dataset2023

Related Form 5500 pages