Promex Industries, Inc. 401(K) Plan — Form 5500 plan (Promex Industries, 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, Promex Industries, Inc. 401(K) Plan is a benefit plan reported by Promex Industries, Inc. under EIN 77-0409193 and plan number 001. The latest loaded filing year is 2023. The filing reports 133 participants and $6,611,437 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Promex Industries, Inc.
EIN
77-0409193
Plan number
001
Plan type
2
Location
Santa Clara, CA
Latest filing year
2023
Participants
133
End-of-year plan assets
$6,611,437

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023133H, C20241011163311NAL0022340977001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,611,437
Total liabilities (EOY)
$0
Net assets (EOY)
$6,611,437
Net assets (BOY)
$6,619,644

Income & contributions

Employer contributions
$3,858
Participant contributions
$684,370
Total contributions
$698,236
Total income / additions
$1,530,305

Expenses & distributions

Benefits paid
$1,489,924
Administrative expenses
$40,455
Total expenses
$1,538,512
Net increase / (decrease)
-$8,207

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
First Republicinvestment ManagementSHAREHOLDER SERVICE PROV$21,672not reported in the loaded dataset2023
The Vanguard GroupCONTRACT ADMINISTRATOR$16,177not reported in the loaded dataset2023
Insperity Retirement ServicesRECORDKEEPER$2,606not reported in the loaded dataset2023
Wilshire AssociatesINVESTMENT ADVISOR$3not reported in the loaded dataset2023

Related Form 5500 pages