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, Palmetto Solar, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Palmetto Solar, LLC under EIN 45-4209575 and plan number 001. The latest loaded filing year is 2023. The filing reports 547 participants and $9,510,698 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,510,698
- Net assets (EOY)
- $9,510,698
- Net assets (BOY)
- $6,526,949
Income & contributions
- Participant contributions
- $2,720,271
- Total contributions
- $3,236,664
- Total income / additions
- $4,621,402
Expenses & distributions
- Benefits paid
- $1,549,385
- Administrative expenses
- $88,268
- Total expenses
- $1,637,653
- Net increase / (decrease)
- $2,983,749