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, Readycap Commercial 401(K) Plan is a benefit plan reported by Readycap Commercial, LLC under EIN 46-1043031 and plan number 001. The latest loaded filing year is 2023. The filing reports 290 participants and $21,403,791 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,403,791
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,403,791
- Net assets (BOY)
- $14,799,542
Income & contributions
- Employer contributions
- $307,855
- Participant contributions
- $2,744,954
- Total contributions
- $4,901,247
- Total income / additions
- $7,859,220
Expenses & distributions
- Benefits paid
- $2,100,409
- Administrative expenses
- $99,571
- Total expenses
- $2,199,980
- Net increase / (decrease)
- $5,659,240