2023 Form 5500 filing — Usdm Life Sciences 401(K) Savings 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 20241010092902NAL0020755825001) for Usdm Life Sciences 401(K) Savings Plan, reported by Us Data Management, LLC Dba Usdm Life Sciences under EIN 77-0543352 and plan number 001. It reports 219 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)$12MReported net assets$11,965,405
Participants219
Provider compensation$70.8K2 Schedule C row(s)$70,801
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241010092902NAL0020755825001
- Plan sponsor
- Us Data Management, LLC Dba Usdm Life Sciences
- EIN
- 77-0543352
- Plan number
- 001
- Location
- Santa Barbara, CA
- 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)$12M total assets
Net assets$12MLiabilities$0
Full reported line items
- Total assets (EOY)
- $11,965,405
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,965,405
- Employer contributions
- $96,642
- Participant contributions
- $1,839,029
- Total income / additions
- $3,782,658
- Benefits paid
- $1,121,830
- Administrative expenses
- $43,292
- Total expenses
- $1,165,122
- Net increase / (decrease)
- $2,617,536
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $43,305 | $0 |
| Actuarial Benefits Corporation | CONSULTING | $0 | $27,496 |