Raumedic 401(K) Retirement Plan — Form 5500 plan (Raumedic 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, Raumedic 401(K) Retirement Plan is a benefit plan reported by Raumedic Inc. under EIN 20-2118171 and plan number 001. The latest loaded filing year is 2023. The filing reports 141 participants and $5,418,078 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Raumedic Inc.
- EIN
- 20-2118171
- Plan number
- 001
- Plan type
- 2
- Location
- Mills River, NC
- Latest filing year
- 2023
- Participants
- 141
- End-of-year plan assets
- $5,418,078
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 141 | H, C | 20241213150906NAL0013821649001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,418,078
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,418,078
- Net assets (BOY)
- $3,577,013
Income & contributions
- Employer contributions
- $432,934
- Participant contributions
- $779,089
- Total contributions
- $1,552,931
- Total income / additions
- $2,275,853
Expenses & distributions
- Benefits paid
- $402,986
- Administrative expenses
- $31,802
- Total expenses
- $434,788
- Net increase / (decrease)
- $1,841,065
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Colton Groome Financial Advisors | ADVISOR | $16,955 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $13,978 | $0 | 2023 |