Propak Logistics, LLC 401(K) Retirement Plan — Form 5500 plan (Propak Logistics, LLC)

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, Propak Logistics, LLC 401(K) Retirement Plan is a benefit plan reported by Propak Logistics, LLC under EIN 75-3107303 and plan number 002. The latest loaded filing year is 2023. The filing reports 586 participants and $4,654,559 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.7MPlan net assets, end of year$4,654,559
Participants586Covered participants reported
Assets / participant$7.9KComputed: assets ÷ participants$7,943 (computed)
Provider compensation$40.6K2 Schedule C provider row(s)$40,629
Plan sponsor
Propak Logistics, LLC
EIN
75-3107303
Plan number
002
Plan type
2
Location
Fort Smith, AR
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023586H, C20241007094329NAL0015002321001
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)$4.7M total assets
Net assets$4.7MLiabilities$0
Money in vs. money out
Total income / additions$2M
Total expenses$619.8K
Benefits paid / distributions$579.2K
Contributions
Employer$318K
Participant$973.5K
Full reported line items

Net assets

Total assets (EOY)
$4,654,559
Total liabilities (EOY)
$0
Net assets (EOY)
$4,654,559
Net assets (BOY)
$3,256,667

Income & contributions

Employer contributions
$318,016
Participant contributions
$973,455
Total contributions
$1,385,389
Total income / additions
$2,017,727

Expenses & distributions

Benefits paid
$579,206
Administrative expenses
$40,629
Total expenses
$619,835
Net increase / (decrease)
$1,397,892
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.

Contribution share (employer vs. participant)
Employer 25%Participant 75%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income29%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$38,018$02023
Empower Advisory Group, LLCINVESTMENT MGMT$2,611not reported in the loaded dataset2023

Related Form 5500 pages