Polymer Corporation 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Polymer 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, Polymer Corporation 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Polymer Corporation under EIN 36-4135155 and plan number 001. The latest loaded filing year is 2023. The filing reports 176 participants and $7,485,832 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Polymer Corporation
- EIN
- 36-4135155
- Plan number
- 001
- Plan type
- 2
- Location
- Rockland, MA
- Latest filing year
- 2023
- Participants
- 176
- End-of-year plan assets
- $7,485,832
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 176 | H, C | 20240925094908NAL0025069328001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,485,832
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,485,832
- Net assets (BOY)
- $5,125,486
Income & contributions
- Employer contributions
- $85,550
- Participant contributions
- $407,454
- Total contributions
- $2,087,309
- Total income / additions
- $2,978,033
Expenses & distributions
- Benefits paid
- $601,623
- Administrative expenses
- $11,692
- Total expenses
- $617,687
- Net increase / (decrease)
- $2,360,346
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Paychex, Inc. | RECORDKEEPER | $10,732 | not reported in the loaded dataset | 2023 |