Hpm Foundation, Inc. Dba Healthpromed Retirement Plan — Form 5500 plan (Hpm Foundation, Inc. Dba Healthpromed)
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, Hpm Foundation, Inc. Dba Healthpromed Retirement Plan is a benefit plan reported by Hpm Foundation, Inc. Dba Healthpromed under EIN 66-0437924 and plan number 001. The latest loaded filing year is 2023. The filing reports 404 participants and $2,671,387 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hpm Foundation, Inc. Dba Healthpromed
- EIN
- 66-0437924
- Plan number
- 001
- Plan type
- 2
- Location
- San Juan, PR
- Latest filing year
- 2023
- Participants
- 404
- End-of-year plan assets
- $2,671,387
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 404 | H, C | 20241015101422NAL0014381987001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,671,387
- Total liabilities (EOY)
- $2,597
- Net assets (EOY)
- $2,668,790
- Net assets (BOY)
- $2,063,547
Income & contributions
- Employer contributions
- $200,560
- Participant contributions
- $330,258
- Total contributions
- $560,312
- Total income / additions
- $821,856
Expenses & distributions
- Benefits paid
- $193,981
- Administrative expenses
- $22,632
- Total expenses
- $216,613
- Net increase / (decrease)
- $605,243
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $23,764 | $0 | 2023 |
| Lincoln Financial Securities | BROKER/ADVISER | $0 | $9,462 | 2023 |
| Oriental Bank & Trust | CONTRACT ADMIN | -$185 | $2,249 | 2023 |
| Leafhouse Financial Advisors, LLC | INVESTMENT ADVISOR | $1,124 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $10 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Hpm Foundation, Inc. Dba Healthpromed
- 2023 Form 5500 filing
- Form 5500 filings in PR
- 401(k) and benefit plan filings in San Juan, PR
- Empower Annuity Insurance Company — Schedule C compensation
- Lincoln Financial Securities — Schedule C compensation
- Oriental Bank & Trust — Schedule C compensation
- Leafhouse Financial Advisors, LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation