Alma Lasers Inc. 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Alma Lasers 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, Alma Lasers Inc. 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Alma Lasers Inc under EIN 20-3270949 and plan number 001. The latest loaded filing year is 2023. The filing reports 230 participants and $13,562,239 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Alma Lasers Inc
- EIN
- 20-3270949
- Plan number
- 001
- Plan type
- 2
- Location
- Buffalo Grove, IL
- Latest filing year
- 2023
- Participants
- 230
- End-of-year plan assets
- $13,562,239
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 230 | H, C | 20240925051420NAL0014257425001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,562,239
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,562,239
- Net assets (BOY)
- $9,527,854
Income & contributions
- Employer contributions
- $939,954
- Participant contributions
- $1,813,698
- Total contributions
- $2,946,031
- Total income / additions
- $4,959,998
Expenses & distributions
- Benefits paid
- $901,434
- Administrative expenses
- $24,005
- Total expenses
- $925,613
- Net increase / (decrease)
- $4,034,385
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $24,005 | $0 | 2023 |