Pusan Pipe America, Inc. Employee Profit Sharing & Savings Plan — Form 5500 plan (Pusan Pipe America, 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, Pusan Pipe America, Inc. Employee Profit Sharing & Savings Plan is a benefit plan reported by Pusan Pipe America, Inc. under EIN 95-3278851 and plan number 002. The latest loaded filing year is 2023. The filing reports 440 participants and $19,690,366 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Pusan Pipe America, Inc.
EIN
95-3278851
Plan number
002
Plan type
2
Location
Irvine, CA
Latest filing year
2023
Participants
440
End-of-year plan assets
$19,690,366

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023440H, C20241013153032NAL0024872801001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$19,690,366
Total liabilities (EOY)
$18,095
Net assets (EOY)
$19,672,271
Net assets (BOY)
$16,389,548

Income & contributions

Employer contributions
$1,909,745
Participant contributions
$1,501,066
Total contributions
$3,562,643
Total income / additions
$5,899,772

Expenses & distributions

Benefits paid
$2,586,767
Administrative expenses
$30,282
Total expenses
$2,617,049
Net increase / (decrease)
$3,282,723

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Cps BenefitsSERVICE PROVIDER$8,218$02023
Qualified Services Inc. Dba Hicks PTHIRD PARTY ADMINISTRATO$0$6,1182023
AscensusTHIRD PARTY ADMINISTRATO$0$1,8402023

Related Form 5500 pages