Candela 401(K) Plan — Form 5500 plan (Candela Corporation)
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, Candela 401(K) Plan is a benefit plan reported by Candela Corporation under EIN 04-2477008 and plan number 001. The latest loaded filing year is 2023. The filing reports 677 participants and $60,674,445 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Candela Corporation
- EIN
- 04-2477008
- Plan number
- 001
- Plan type
- 2
- Location
- Marlborogh, MA
- Latest filing year
- 2023
- Participants
- 677
- End-of-year plan assets
- $60,674,445
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 677 | H, C | 20240723103403NAL0018021216001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $60,674,445
- Total liabilities (EOY)
- $41
- Net assets (EOY)
- $60,674,404
- Net assets (BOY)
- $46,999,740
Income & contributions
- Employer contributions
- $1,527,046
- Participant contributions
- $5,646,769
- Total contributions
- $9,762,403
- Total income / additions
- $18,383,505
Expenses & distributions
- Benefits paid
- $4,590,614
- Administrative expenses
- $111,768
- Total expenses
- $4,708,841
- Net increase / (decrease)
- $13,674,664
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $53,062 | $0 | 2023 |
| Twelve Points Wealth Management Ll | ADVISOR | $41,421 | not reported in the loaded dataset | 2023 |
| Tawney, Pllc | ACCOUNTANT/AUDITOR | $17,285 | not reported in the loaded dataset | 2023 |