Professional Accounting & Management Inc Profit Sharing Plan — Form 5500 plan (Professional Accounting &Management 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, Professional Accounting & Management Inc Profit Sharing Plan is a benefit plan reported by Professional Accounting &Management Inc under EIN 58-1375968 and plan number 001. The latest loaded filing year is 2023. The filing reports 7 participants and $1,429,900 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Professional Accounting &Management Inc
- EIN
- 58-1375968
- Plan number
- 001
- Plan type
- 2
- Location
- Tyrone, GA
- Latest filing year
- 2023
- Participants
- 7
- End-of-year plan assets
- $1,429,900
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 7 | I | 20251125095250NAL0003113873001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $1,429,900
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,429,900
- Net assets (BOY)
- $1,329,537
Income & contributions
- Employer contributions
- $2,640
- Participant contributions
- $14,885
- Total income / additions
- $134,023
Expenses & distributions
- Benefits paid
- $33,600
- Administrative expenses
- $60
- Total expenses
- $33,660
- Net increase / (decrease)
- $100,363
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.