2023 Form 5500 filing — Polymer Technology Systems, Inc. 401(K) Profit Sharing Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240920062242NAL0009897152001) for Polymer Technology Systems, Inc. 401(K) Profit Sharing Plan, reported by Polymer Technology Systems, Inc. under EIN 35-1895358 and plan number 001. It reports 260 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$22MReported net assets$22,040,021
Participants260
Provider compensation$20.3K1 Schedule C row(s)$20,333
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240920062242NAL0009897152001
Plan sponsor
Polymer Technology Systems, Inc.
EIN
35-1895358
Plan number
001
Location
Whitestown, IN
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$22M total assets
Net assets$22MLiabilities$0
Money in vs. money out
Total income / additions$5.5M
Total expenses$1.6M
Benefits paid / distributions$1.6M
Contributions
Employer$890.2K
Participant$1.3M
Full reported line items
Total assets (EOY)
$22,040,021
Total liabilities (EOY)
$0
Net assets (EOY)
$22,040,021
Employer contributions
$890,184
Participant contributions
$1,340,794
Total income / additions
$5,471,688
Benefits paid
$1,619,951
Administrative expenses
$20,333
Total expenses
$1,640,284
Net increase / (decrease)
$3,831,404

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
T. Rowe Price Rps, Inc.RECORDKEEPER$20,333$0

Related Form 5500 pages