Psychemedics Corporation 401(K) Plan — Form 5500 plan (Psychemedics 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, Psychemedics Corporation 401(K) Plan is a benefit plan reported by Psychemedics Corporation under EIN 58-1701987 and plan number 001. The latest loaded filing year is 2023. The filing reports 205 participants and $13,013,705 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Psychemedics Corporation
- EIN
- 58-1701987
- Plan number
- 001
- Plan type
- 2
- Location
- Acton, MA
- Latest filing year
- 2023
- Participants
- 205
- End-of-year plan assets
- $13,013,705
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 205 | H, C | 20241015150727NAL0056858210001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,013,705
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,013,705
- Net assets (BOY)
- $13,544,719
Income & contributions
- Participant contributions
- $365,115
- Total contributions
- $365,115
- Total income / additions
- $2,390,912
Expenses & distributions
- Benefits paid
- $2,900,865
- Administrative expenses
- $5,086
- Total expenses
- $2,921,926
- Net increase / (decrease)
- -$531,014
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Minnesota Life Insurance Company | NONE | $5,086 | $0 | 2023 |