Department of Labor filing

PSC HOLDINGS, INC.

PRODUCERS SERVICE EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · For the plan year ended Dec 31, 2023

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Public filing 2023 · received Oct 10, 2024Verified current terms Not available

Plan at a glance

How good does the filing look?

There is not enough comparable filing data to judge this plan yet. This is a filing comparison, not a complete benefits score.

$Employer support
Not reported

Reported employer contributions per active participant.

#People in the filing
30

Active participants reported for 2023.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$0 / participant

Reported administrative expense—not every fee an employee may pay.

Investment performance
Not available

Plan assets changed -92.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 2023There is not enough comparable filing data to calculate this yet.

How this filing compares

Reported employer contributionsNot enough dataTypical peer $2,649 · based on 4,869 comparable plans
Lower reported administrative expenseNot enough dataTypical peer $142 · based on 5,145 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2023, PSC HOLDINGS, INC. reported Not reported in employer contributions across the plan and 30 active participants. That works out to Not reported per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy14%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendNot enough history

Change in reported employer contribution per active participant across the filing history shown.

Expense trendNot enough history

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer contextNot enough data

Comparable-plan data is too limited for a score.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
Not reported
Participant contributions
Not reported
Other contributions
Not reported
Employer share of reported contributions
Not reported
Beginning assets
$23,720,408
Ending assets
$1,714,628
Ending net assets
$1,669,436
Ending liabilities
$45,192
Total income
-$4,807,542
Total expenses
$17,243,430
Administrative expenses
$0
Participant loans
Not reported

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$17,520
2023
Not reported
Plan-paid administrative expenses per participant
2022
$0
2023
$0
Active participants
2022
79
2023
30
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2023Not reported301.7M20241010103051NAL0035459440001
2022$17,5207923.7M20231002145134NAL0035514754001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
Not stated in the filing
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Not stated in the filing
Public plan identifier
264059391-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Sep 1, 1994
Industry
Mining, quarrying, and oil and gas
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2P2I2J2K2E2Q2H3H

Current plan terms

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Filing ACK_ID20241010103051NAL0035459440001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗