Performance Validation, Inc. 401(K) Plan — Form 5500 plan (Performance Validation, 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, Performance Validation, Inc. 401(K) Plan is a benefit plan reported by Performance Validation, Inc. under EIN 35-2113599 and plan number 001. The latest loaded filing year is 2023. The filing reports 189 participants and $9,139,066 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$9.1MPlan net assets, end of year$9,139,066
Participants189Covered participants reported
Assets / participant$48.4KComputed: assets ÷ participants$48,355 (computed)
Provider compensation$76K2 Schedule C provider row(s)$76,005
- Plan sponsor
- Performance Validation, Inc.
- EIN
- 35-2113599
- Plan number
- 001
- Plan type
- 2
- Location
- Indianapolis, IN
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 189 | H, C | 20241002090211NAL0008563681001 |
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)$9.1M total assets
Net assets$9.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $9,139,066
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,139,066
- Net assets (BOY)
- $7,406,081
Income & contributions
- Employer contributions
- $342,281
- Participant contributions
- $1,032,638
- Total contributions
- $1,417,525
- Total income / additions
- $2,601,167
Expenses & distributions
- Benefits paid
- $823,617
- Administrative expenses
- $44,565
- Total expenses
- $868,182
- Net increase / (decrease)
- $1,732,985
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $44,564 | $0 | 2023 |
| Shepherd Financial Investment Advis | INVESTMENT ADVISORY | $0 | $31,441 | 2023 |