2023 Form 5500 filing — Psychemedics Corporation 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 20241015150727NAL0056858210001) for Psychemedics Corporation 401(K) Plan, reported by Psychemedics Corporation under EIN 58-1701987 and plan number 001. It reports 205 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)$13MReported net assets$13,013,705
Participants205
Provider compensation$5.1K1 Schedule C row(s)$5,086
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015150727NAL0056858210001
- Plan sponsor
- Psychemedics Corporation
- EIN
- 58-1701987
- Plan number
- 001
- Location
- Acton, MA
- 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)$13M total assets
Net assets$13MLiabilities$0
Full reported line items
- Total assets (EOY)
- $13,013,705
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,013,705
- Participant contributions
- $365,115
- Total income / additions
- $2,390,912
- Benefits paid
- $2,900,865
- Administrative expenses
- $5,086
- Total expenses
- $2,921,926
- Net increase / (decrease)
- -$531,014
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Minnesota Life Insurance Company | NONE | $5,086 | $0 |