Pala Group, Inc. Employee Stock Ownership Plan — Form 5500 plan (Pala Group, 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, Pala Group, Inc. Employee Stock Ownership Plan is a benefit plan reported by Pala Group, Inc. under EIN 72-0932277 and plan number 002. The latest loaded filing year is 2023. The filing reports 768 participants and $34,000,527 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$30.8MPlan net assets, end of year$30,802,792
Participants768Covered participants reported
Assets / participant$44.3KComputed: assets ÷ participants$44,272 (computed)
Provider compensationNone reported
Plan sponsor
Pala Group, Inc.
EIN
72-0932277
Plan number
002
Plan type
2
Location
Baton Rouge, LA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023768H20240927092727NAL0003264896001
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)$34M total assets
Net assets$30.8MLiabilities$3.2M
Money in vs. money out
Total income / additions$9.4M
Total expenses$1.7M
Benefits paid / distributions$1.5M
Contributions
Employer$7.2M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$34,000,527
Total liabilities (EOY)
$3,197,735
Net assets (EOY)
$30,802,792
Net assets (BOY)
$23,112,709

Income & contributions

Employer contributions
$7,204,518
Total contributions
$7,204,518
Total income / additions
$9,434,535

Expenses & distributions

Benefits paid
$1,546,964
Administrative expenses
$0
Total expenses
$1,744,452
Net increase / (decrease)
$7,690,083
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.

Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income16%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages