Peoples First Properties Section 125 Plan — Form 5500 plan (Peoples First Properties, 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, Peoples First Properties Section 125 Plan is a benefit plan reported by Peoples First Properties, Inc. under EIN 59-3020789 and plan number 501. The latest loaded filing year is 2023. The filing reports 2,028 participants and $1,307,466 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Peoples First Properties, Inc.
- EIN
- 59-3020789
- Plan number
- 501
- Plan type
- 2
- Location
- Panama City, FL
- Latest filing year
- 2023
- Participants
- 2,028
- End-of-year plan assets
- $1,307,466
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,028 | H, C | 20240905093636NAL0010298099004 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,307,466
- Total liabilities (EOY)
- $3,814,865
- Net assets (EOY)
- -$2,507,399
- Net assets (BOY)
- -$2,246,512
Income & contributions
- Employer contributions
- $6,348,665
- Participant contributions
- $2,040,855
- Total contributions
- $8,726,034
- Total income / additions
- $8,726,605
Expenses & distributions
- Benefits paid
- $7,583,883
- Administrative expenses
- $1,403,609
- Total expenses
- $8,987,492
- Net increase / (decrease)
- -$260,887
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| United Healthcare Services Inc | CLAIMS PROCESSOR | $299,264 | $0 | 2023 |
| First Service Corporation | BENEFIT DEPT | $288,000 | not reported in the loaded dataset | 2023 |
| Symetra Life Insurance Company | INSURANCE PROVIDER | $270,278 | not reported in the loaded dataset | 2023 |
| Golden Bee Advisors | not reported in the loaded dataset | $70,000 | not reported in the loaded dataset | 2023 |
| Digital Insurance LLC | CONSULTANT | $55,000 | not reported in the loaded dataset | 2023 |
| First Service Corporation | BENEFIT DEPT | $54,699 | not reported in the loaded dataset | 2023 |
| First Service Corporation | BENEFIT DEPT | $51,960 | not reported in the loaded dataset | 2023 |
| Guardian Life Insurance | INSURANCE PROVIDER | $39,770 | not reported in the loaded dataset | 2023 |
| Brite Benefits, Inc. | not reported in the loaded dataset | $19,489 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Peoples First Properties, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in FL
- 401(k) and benefit plan filings in Panama City, FL
- United Healthcare Services Inc — Schedule C compensation
- First Service Corporation — Schedule C compensation
- Symetra Life Insurance Company — Schedule C compensation
- Golden Bee Advisors — Schedule C compensation
- Digital Insurance LLC — Schedule C compensation
- Guardian Life Insurance — Schedule C compensation
- Brite Benefits, Inc. — Schedule C compensation