2023 Form 5500 filing — Palomar Technologies, Inc. 401(K) 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 20241007193210NAL0028268112001) for Palomar Technologies, Inc. 401(K) Plan, reported by Palomar Technologies, Inc. under EIN 33-0781304 and plan number 001. It reports 139 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007193210NAL0028268112001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Palomar Technologies, Inc.
- EIN
- 33-0781304
- Plan number
- 001
- Location
- Carlsbad, CA
- Participants
- 139
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $23,583,272
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $23,583,272
- Employer contributions
- $284,107
- Participant contributions
- $858,064
- Total income / additions
- $4,230,848
- Benefits paid
- $1,636,488
- Administrative expenses
- $51,524
- Total expenses
- $1,688,012
- Net increase / (decrease)
- $2,542,836
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ubs Financial Services Inc | INVESTMENT ADVISOR | $25,000 | not reported in the loaded dataset |
| Empower Advisory Group Llp | INVESMENT MGMT | $21,445 | not reported in the loaded dataset |
| Pension Assurance Llp | AUDITOR | $11,000 | not reported in the loaded dataset |
| Actuarial Benefits Corp | CONTRACT ADMIN | $0 | $10,000 |
| Empower Annuity Ins Co Of America | RECORDKEEPER | $0 | $0 |