2023 Form 5500 filing — Hpm Foundation, Inc. Dba Healthpromed Retirement 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 20241015101422NAL0014381987001) for Hpm Foundation, Inc. Dba Healthpromed Retirement Plan, reported by Hpm Foundation, Inc. Dba Healthpromed under EIN 66-0437924 and plan number 001. It reports 404 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015101422NAL0014381987001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Hpm Foundation, Inc. Dba Healthpromed
- EIN
- 66-0437924
- Plan number
- 001
- Location
- San Juan, PR
- Participants
- 404
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,671,387
- Total liabilities (EOY)
- $2,597
- Net assets (EOY)
- $2,668,790
- Employer contributions
- $200,560
- Participant contributions
- $330,258
- Total income / additions
- $821,856
- Benefits paid
- $193,981
- Administrative expenses
- $22,632
- Total expenses
- $216,613
- Net increase / (decrease)
- $605,243
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $23,764 | $0 |
| Lincoln Financial Securities | BROKER/ADVISER | $0 | $9,462 |
| Oriental Bank & Trust | CONTRACT ADMIN | -$185 | $2,249 |
| Leafhouse Financial Advisors, LLC | INVESTMENT ADVISOR | $1,124 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $10 | not reported in the loaded dataset |