Trott Law, P.C. Profit Sharing Plan And Trust — Form 5500 plan (Trott Law, P.C.)
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, Trott Law, P.C. Profit Sharing Plan And Trust is a benefit plan reported by Trott Law, P.C. under EIN 38-2482861 and plan number 002. The latest loaded filing year is 2023. The filing reports 164 participants and $15,373,888 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$15.4MPlan net assets, end of year$15,373,888
Participants164Covered participants reported
Assets / participant$93.7KComputed: assets ÷ participants$93,743 (computed)
Provider compensation$48.7K2 Schedule C provider row(s)$48,746
- Plan sponsor
- Trott Law, P.C.
- EIN
- 38-2482861
- Plan number
- 002
- Plan type
- 2
- Location
- Farmington Hills, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 164 | H, C | 20240924113618NAL0017414688001 |
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)$15.4M total assets
Net assets$15.4MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $15,373,888
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,373,888
- Net assets (BOY)
- $13,646,212
Income & contributions
- Employer contributions
- $88,238
- Participant contributions
- $658,794
- Total contributions
- $936,148
- Total income / additions
- $3,560,338
Expenses & distributions
- Benefits paid
- $1,783,916
- Administrative expenses
- $48,746
- Total expenses
- $1,832,662
- Net increase / (decrease)
- $1,727,676
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Gregory J Schwartz & Co Inc | ADVISOR | $32,366 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $16,380 | $0 | 2023 |