Peerless Products, Inc. 401(K) Plan — Form 5500 plan (Peerless Products, 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, Peerless Products, Inc. 401(K) Plan is a benefit plan reported by Peerless Products, Inc. under EIN 44-0627724 and plan number 002. The latest loaded filing year is 2023. The filing reports 381 participants and $4,772,141 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$4.8MPlan net assets, end of year$4,771,145
Participants381Covered participants reported
Assets / participant$12.5KComputed: assets ÷ participants$12,525 (computed)
Provider compensation$13.6K1 Schedule C provider row(s)$13,555
- Plan sponsor
- Peerless Products, Inc.
- EIN
- 44-0627724
- Plan number
- 002
- Plan type
- 2
- Location
- Fort Scott, KS
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 381 | H, C | 20241106101717NAL0008888481001 |
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)$4.8M total assets
Net assets$4.8MLiabilities$996
Full reported line items
Net assets
- Total assets (EOY)
- $4,772,141
- Total liabilities (EOY)
- $996
- Net assets (EOY)
- $4,771,145
- Net assets (BOY)
- $4,094,570
Income & contributions
- Participant contributions
- $656,479
- Total contributions
- $719,771
- Total income / additions
- $1,205,836
Expenses & distributions
- Benefits paid
- $515,706
- Administrative expenses
- $13,555
- Total expenses
- $529,261
- Net increase / (decrease)
- $676,575
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income43%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alerus Financial, N.A. | NONE | $13,555 | $0 | 2023 |