Port Amherst, Ltd. 401(K) & Profit Sharing Plan — Form 5500 plan (Port Amherst, Ltd.)

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, Port Amherst, Ltd. 401(K) & Profit Sharing Plan is a benefit plan reported by Port Amherst, Ltd. under EIN 55-0628911 and plan number 001. The latest loaded filing year is 2023. The filing reports 400 participants and $29,748,554 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$29.7MPlan net assets, end of year$29,748,554
Participants400Covered participants reported
Assets / participant$74.4KComputed: assets ÷ participants$74,371 (computed)
Provider compensation$48.3K1 Schedule C provider row(s)$48,292
Plan sponsor
Port Amherst, Ltd.
EIN
55-0628911
Plan number
001
Plan type
2
Location
Charleston, WV
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023400H, C20241014110824NAL0051989986001
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)$29.7M total assets
Net assets$29.7MLiabilities$0
Money in vs. money out
Total income / additions$5.6M
Total expenses$2M
Benefits paid / distributions$2M
Contributions
Employer$687.3K
Participant$1.3M
Full reported line items

Net assets

Total assets (EOY)
$29,748,554
Total liabilities (EOY)
$0
Net assets (EOY)
$29,748,554
Net assets (BOY)
$26,197,557

Income & contributions

Employer contributions
$687,268
Participant contributions
$1,310,982
Total contributions
$1,998,250
Total income / additions
$5,559,065

Expenses & distributions

Benefits paid
$1,955,420
Administrative expenses
$52,648
Total expenses
$2,008,068
Net increase / (decrease)
$3,550,997
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 34%Participant 66%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income35%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
T Rowe Price Rps IncNONE$48,292$02023

Related Form 5500 pages