Practice Support Services, LLC 401(K) Profit Sharing Plan — Form 5500 plan (Practice Support Services, LLC)
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, Practice Support Services, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Practice Support Services, LLC under EIN 61-1803877 and plan number 001. The latest loaded filing year is 2023. The filing reports 211 participants and $7,079,058 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Practice Support Services, LLC
- EIN
- 61-1803877
- Plan number
- 001
- Plan type
- 2
- Location
- Latham, NY
- Latest filing year
- 2023
- Participants
- 211
- End-of-year plan assets
- $7,079,058
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 211 | H, C | 20241010163124NAL0010264163001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,079,058
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,079,058
- Net assets (BOY)
- $5,475,870
Income & contributions
- Employer contributions
- $208,389
- Participant contributions
- $528,311
- Total contributions
- $865,577
- Total income / additions
- $1,845,995
Expenses & distributions
- Benefits paid
- $417,894
- Administrative expenses
- $16,138
- Total expenses
- $434,032
- Net increase / (decrease)
- $1,411,963
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | NONE | $7,011 | $0 | 2023 |
| Transamerica Retirement Solutions | RECORD KEEPER | $5,683 | $0 | 2023 |
| Strategic Retirement Group | INVESTMENT ADVISOR | $2,046 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Practice Support Services, LLC
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Latham, NY
- Empower Annuity Insurance Company O — Schedule C compensation
- Transamerica Retirement Solutions — Schedule C compensation
- Strategic Retirement Group — Schedule C compensation