Prosource.It Retirement Plan — Form 5500 plan (Prosource.It, Ltd.)

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, Prosource.It Retirement Plan is a benefit plan reported by Prosource.It, Ltd. under EIN 74-3218662 and plan number 001. The latest loaded filing year is 2023. The filing reports 126 participants and $6,692,802 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Prosource.It, Ltd.
EIN
74-3218662
Plan number
001
Plan type
2
Location
Houston, TX
Latest filing year
2023
Participants
126
End-of-year plan assets
$6,692,802

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023126H, C20240711120516NAL0024881136001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,692,802
Net assets (EOY)
$6,692,802
Net assets (BOY)
$5,353,518

Income & contributions

Employer contributions
$297,963
Participant contributions
$726,918
Total contributions
$1,028,303
Total income / additions
$1,899,015

Expenses & distributions

Benefits paid
$523,308
Administrative expenses
$36,423
Total expenses
$559,731
Net increase / (decrease)
$1,339,284

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Legacy Asset Management IncRIA$17,973$02023
John Hancock Life Insurance CompanyRECORDKEEPER$271$02023

Related Form 5500 pages