Psychotherapeutic Services, Inc. 401(K) Plan — Form 5500 plan (Psychotherapeutic Services, 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, Psychotherapeutic Services, Inc. 401(K) Plan is a benefit plan reported by Psychotherapeutic Services, Inc. under EIN 52-1586206 and plan number 001. The latest loaded filing year is 2023. The filing reports 336 participants and $2,603,013 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$2.6MPlan net assets, end of year$2,603,013
Participants336Covered participants reported
Assets / participant$7.7KComputed: assets ÷ participants$7,747 (computed)
Provider compensation$18.7K3 Schedule C provider row(s)$18,662
Plan sponsor
Psychotherapeutic Services, Inc.
EIN
52-1586206
Plan number
001
Plan type
2
Location
Chestertown, MD
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023336H, C20241009100237NAL0009091235001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$2.6M total assets
Net assets$2.6MLiabilities$0
Money in vs. money out
Total income / additions$473.5K
Total expenses$217.2K
Benefits paid / distributions$173.8K
Contributions
EmployerNot reported
Participant$96.3K
Full reported line items

Net assets

Total assets (EOY)
$2,603,013
Total liabilities (EOY)
$0
Net assets (EOY)
$2,603,013
Net assets (BOY)
$2,346,742

Income & contributions

Participant contributions
$96,344
Total contributions
$96,344
Total income / additions
$473,463

Expenses & distributions

Benefits paid
$173,788
Administrative expenses
$18,662
Total expenses
$217,192
Net increase / (decrease)
$256,271
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income37%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$18,662$02023
Adp Broker-DealerRECORD KEEPER$0$02023
Justin Retirement, LLCADVISOR$0$02023

Related Form 5500 pages