Propulsion Technologies International 401(K) Plan — Form 5500 plan (Propulsion Technologies Internat)
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, Propulsion Technologies International 401(K) Plan is a benefit plan reported by Propulsion Technologies Internat under EIN 65-1127945 and plan number 001. The latest loaded filing year is 2023. The filing reports 169 participants and $6,515,775 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Propulsion Technologies Internat
- EIN
- 65-1127945
- Plan number
- 001
- Plan type
- 2
- Location
- Miramar, FL
- Latest filing year
- 2023
- Participants
- 169
- End-of-year plan assets
- $6,515,775
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 169 | H, C | 20241013101759NAL0013995427001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,515,775
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,515,775
- Net assets (BOY)
- $5,753,595
Income & contributions
- Employer contributions
- $384,396
- Participant contributions
- $594,983
- Total contributions
- $979,379
- Total income / additions
- $1,845,721
Expenses & distributions
- Benefits paid
- $1,035,833
- Administrative expenses
- $36,725
- Total expenses
- $1,083,541
- Net increase / (decrease)
- $762,180
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $22,523 | $0 | 2023 |
| Ameriprise Financial | INVESTMENT/FINANCIAL ADVI | $14,201 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |