Plan5500

Ram Technologies, Inc. Employee Benefit Plan — Form 5500 plan (Ram Technologies, 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, Ram Technologies, Inc. Employee Benefit Plan is a benefit plan reported by Ram Technologies, Inc. under EIN 23-2221740 and plan number 501. The latest loaded filing year is 2023. The filing reports 60 participants and $11,574 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Ram Technologies, Inc.
EIN
23-2221740
Plan number
501
Plan type
2
Location
Ft. Washington, PA
Latest filing year
2023
Participants
60
End-of-year plan assets
$11,574

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202360I, C20241029071721NAL0002599683001

Reported financial statement (2023 · Schedule I)

Net assets

Total assets (EOY)
$11,574
Total liabilities (EOY)
$279,551
Net assets (EOY)
-$267,977
Net assets (BOY)
$0

Income & contributions

Employer contributions
$849,122
Participant contributions
$254,861
Total income / additions
$1,104,532

Expenses & distributions

Benefits paid
$887,531
Administrative expenses
$15,487
Total expenses
$1,372,509
Net increase / (decrease)
-$267,977

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Michael KellyBROKER$35,476not reported in the loaded dataset2023
The Benecon GroupBROKER$18,126not reported in the loaded dataset2023
Independence Administrators (Ia)ADMIN$16,633not reported in the loaded dataset2023
Connectcare3PATIENT ADVOCATE$4,941not reported in the loaded dataset2023

Related Form 5500 pages