Preferred Management Corporation Retirement Savings Plan — Form 5500 plan (Preferred Management Corporation)
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, Preferred Management Corporation Retirement Savings Plan is a benefit plan reported by Preferred Management Corporation under EIN 73-1312311 and plan number 001. The latest loaded filing year is 2023. The filing reports 791 participants and $16,713,180 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Preferred Management Corporation
- EIN
- 73-1312311
- Plan number
- 001
- Plan type
- 2
- Location
- Shawnee, OK
- Latest filing year
- 2023
- Participants
- 791
- End-of-year plan assets
- $16,713,180
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 791 | H, C | 20241008075855NAL0008171315001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,713,180
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,713,180
- Net assets (BOY)
- $13,523,579
Income & contributions
- Employer contributions
- $84,419
- Participant contributions
- $1,828,469
- Total contributions
- $2,127,002
- Total income / additions
- $4,518,794
Expenses & distributions
- Benefits paid
- $1,305,111
- Administrative expenses
- $13,895
- Total expenses
- $1,329,193
- Net increase / (decrease)
- $3,189,601
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Minnesota Life Insurance Company | NONE | $13,895 | $0 | 2023 |