Pro Automated Inc 401k Profit Sharing Plan Trust — Form 5500 plan (Pro Automated 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, Pro Automated Inc 401k Profit Sharing Plan Trust is a benefit plan reported by Pro Automated Inc under EIN 45-0549593 and plan number 001. The latest loaded filing year is 2023. The filing reports 238 participants and $4,705,666 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Pro Automated Inc
- EIN
- 45-0549593
- Plan number
- 001
- Plan type
- 2
- Location
- Newark, DE
- Latest filing year
- 2023
- Participants
- 238
- End-of-year plan assets
- $4,705,666
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 238 | H, C | 20241105081455NAL0008573553001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,705,666
- Net assets (EOY)
- $4,705,666
- Net assets (BOY)
- $3,375,297
Income & contributions
- Employer contributions
- $266,348
- Participant contributions
- $761,023
- Total contributions
- $1,027,371
- Total income / additions
- $1,826,541
Expenses & distributions
- Benefits paid
- $456,245
- Administrative expenses
- $16,307
- Total expenses
- $496,172
- Net increase / (decrease)
- $1,330,369
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Decimal, Inc. | THIRD-PARTY RECORDKEEPER | $15,091 | not reported in the loaded dataset | 2023 |