Pearson Construction, LLC Profit Sharing/401(K) Pl And Tr — Form 5500 plan (Pearson Construction, LLC)

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, Pearson Construction, LLC Profit Sharing/401(K) Pl And Tr is a benefit plan reported by Pearson Construction, LLC under EIN 45-3718912 and plan number 001. The latest loaded filing year is 2023. The filing reports 250 participants and $5,843,551 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.8MPlan net assets, end of year$5,843,551
Participants250Covered participants reported
Assets / participant$23.4KComputed: assets ÷ participants$23,374 (computed)
Provider compensation$56.5K3 Schedule C provider row(s)$56,459
Plan sponsor
Pearson Construction, LLC
EIN
45-3718912
Plan number
001
Plan type
2
Location
Wichita, KS
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023250H, C20241014152029NAL0013521299001
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)$5.8M total assets
Net assets$5.8MLiabilities$0
Money in vs. money out
Total income / additions$2.7M
Total expenses$297.8K
Benefits paid / distributions$243.3K
Contributions
Employer$422.4K
Participant$920.2K
Full reported line items

Net assets

Total assets (EOY)
$5,843,551
Total liabilities (EOY)
$0
Net assets (EOY)
$5,843,551
Net assets (BOY)
$3,476,759

Income & contributions

Employer contributions
$422,353
Participant contributions
$920,202
Total contributions
$1,962,211
Total income / additions
$2,664,587

Expenses & distributions

Benefits paid
$243,276
Administrative expenses
$54,519
Total expenses
$297,795
Net increase / (decrease)
$2,366,792
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.

Contribution share (employer vs. participant)
Employer 31%Participant 69%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income9%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Keating Financial Advisory ServicesNONE$30,885$02023
NationwideNONE$19,756$02023
Keating And Associates IncNONE$5,818$02023

Related Form 5500 pages