Plan5500

Prayon, Inc. 401(K) And Profit Incentive Plan — Form 5500 plan (Prayon, 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, Prayon, Inc. 401(K) And Profit Incentive Plan is a benefit plan reported by Prayon, Inc. under EIN 52-2234076 and plan number 001. The latest loaded filing year is 2023. The filing reports 154 participants and $26,990,969 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Prayon, Inc.
EIN
52-2234076
Plan number
001
Plan type
2
Location
Augusta, GA
Latest filing year
2023
Participants
154
End-of-year plan assets
$26,990,969

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023154H, C20241016060917NAL0017593523001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$26,990,969
Total liabilities (EOY)
$0
Net assets (EOY)
$26,990,969
Net assets (BOY)
$21,832,305

Income & contributions

Employer contributions
$1,500,050
Participant contributions
$993,065
Total contributions
$2,497,939
Total income / additions
$6,888,184

Expenses & distributions

Benefits paid
$1,725,738
Administrative expenses
$3,782
Total expenses
$1,729,520
Net increase / (decrease)
$5,158,664

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$20,393not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER-$16,611$02023

Related Form 5500 pages