Plan5500

Portco, Inc. 401(K) Plan — Form 5500 plan (Portco, 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, Portco, Inc. 401(K) Plan is a benefit plan reported by Portco, Inc. under EIN 54-1598359 and plan number 001. The latest loaded filing year is 2023. The filing reports 270 participants and $2,170,397 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Portco, Inc.
EIN
54-1598359
Plan number
001
Plan type
2
Location
Suffolk, VA
Latest filing year
2023
Participants
270
End-of-year plan assets
$2,170,397

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023270H, C20240906071147NAL0000507107001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,170,397
Net assets (EOY)
$2,170,397
Net assets (BOY)
$1,740,420

Income & contributions

Employer contributions
$413,128
Participant contributions
$91,700
Total contributions
$504,828
Total income / additions
$806,139

Expenses & distributions

Benefits paid
$354,048
Administrative expenses
$22,114
Total expenses
$376,162
Net increase / (decrease)
$429,977

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$22,113$02023
Royal Alliance Associates IncINVESTMENT ADVISORY$0$7,9662023

Related Form 5500 pages