The Psmc Companies 401(K) And Profit Sharing Plan — Form 5500 plan (Morris & Ritchie Associates, 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, The Psmc Companies 401(K) And Profit Sharing Plan is a benefit plan reported by Morris & Ritchie Associates, Inc. under EIN 52-1154966 and plan number 001. The latest loaded filing year is 2023. The filing reports 937 participants and $61,607,540 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Morris & Ritchie Associates, Inc.
EIN
52-1154966
Plan number
001
Plan type
2
Location
Abingdon, MD
Latest filing year
2023
Participants
937
End-of-year plan assets
$61,607,540

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023937H, C20241015083105NAL0029022225001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$61,607,540
Total liabilities (EOY)
$0
Net assets (EOY)
$61,607,540
Net assets (BOY)
$50,741,626

Income & contributions

Employer contributions
$1,202,937
Participant contributions
$4,775,779
Total contributions
$6,324,466
Total income / additions
$15,061,706

Expenses & distributions

Benefits paid
$4,094,055
Administrative expenses
$101,737
Total expenses
$4,195,792
Net increase / (decrease)
$10,865,914

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$61,737$02023
Greenspring Advisors LLCADVISOR$40,000not reported in the loaded dataset2023

Related Form 5500 pages