Plan5500

Power Component Systems, Inc. Employee 401(K)/Profit Sharing Plan — Form 5500 plan (Power Component Systems, 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, Power Component Systems, Inc. Employee 401(K)/Profit Sharing Plan is a benefit plan reported by Power Component Systems, Inc. under EIN 52-1197676 and plan number 001. The latest loaded filing year is 2023. The filing reports 363 participants and $13,119,127 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Power Component Systems, Inc.
EIN
52-1197676
Plan number
001
Plan type
2
Location
Hanover, MD
Latest filing year
2023
Participants
363
End-of-year plan assets
$13,119,127

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023363H, C20241014134639NAL0046216240001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$13,119,127
Total liabilities (EOY)
$0
Net assets (EOY)
$13,119,127
Net assets (BOY)
$10,915,518

Income & contributions

Employer contributions
$972,986
Participant contributions
$587,650
Total contributions
$1,560,636
Total income / additions
$3,317,677

Expenses & distributions

Benefits paid
$1,035,378
Administrative expenses
$78,690
Total expenses
$1,114,068
Net increase / (decrease)
$2,203,609

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Retirement Plan ServRECORDKEEPER$37,073not reported in the loaded dataset2023
Global RetirementSERVICE PROVIDER$27,500not reported in the loaded dataset2023
Coastal Pension ServicesTPA$5,500not reported in the loaded dataset2023

Related Form 5500 pages