Plan5500

Patrick Employee 401(K) Plan — Form 5500 plan (Patrick Engineering, 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 Employee 401(K) Plan is a benefit plan reported by Patrick Engineering, Inc. under EIN 36-3008281 and plan number 001. The latest loaded filing year is 2023. The filing reports 505 participants and $38,337,414 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Patrick Engineering, Inc.
EIN
36-3008281
Plan number
001
Plan type
2
Location
Lisle, IL
Latest filing year
2023
Participants
505
End-of-year plan assets
$38,337,414

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023505H, C20240926162712NAL0000942865001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$38,337,414
Total liabilities (EOY)
$0
Net assets (EOY)
$38,337,414
Net assets (BOY)
$34,532,138

Income & contributions

Employer contributions
$625,874
Participant contributions
$2,860,296
Total contributions
$3,913,547
Total income / additions
$9,462,753

Expenses & distributions

Benefits paid
$5,565,520
Administrative expenses
$91,957
Total expenses
$5,657,477
Net increase / (decrease)
$3,805,276

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Ubs Financial ServicesSERVICE PROVIDER$0$50,0002023
Morningstar Investment MangementINVESTMENT ADVISORY$40,269not reported in the loaded dataset2023
Ascensus C/O FutureplanTHIRD PARTY ADMINISTRATO$0$17,8592023

Related Form 5500 pages