Palram 401(K) Plan — Form 5500 plan (Palram Americas, 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, Palram 401(K) Plan is a benefit plan reported by Palram Americas, Inc. under EIN 87-0513572 and plan number 001. The latest loaded filing year is 2023. The filing reports 302 participants and $7,433,512 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Palram Americas, Inc.
EIN
87-0513572
Plan number
001
Plan type
2
Location
Kutztown, PA
Latest filing year
2023
Participants
302
End-of-year plan assets
$7,433,512

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023302H, C20241010075939NAL0009817235001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,433,512
Total liabilities (EOY)
$0
Net assets (EOY)
$7,433,512
Net assets (BOY)
$6,519,930

Income & contributions

Employer contributions
$206,181
Participant contributions
$610,160
Total contributions
$889,504
Total income / additions
$1,999,983

Expenses & distributions

Benefits paid
$1,003,736
Administrative expenses
$41,313
Total expenses
$1,086,401
Net increase / (decrease)
$913,582

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$23,945$02023
Cornerstone Advisors Asset ManagemeINVESTMENT ADVISOR$17,368not reported in the loaded dataset2023

Related Form 5500 pages