2023 Form 5500 filing — Practice Dynamics 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 20241015185342NAL0029430705001) for Practice Dynamics Inc. 401(K) Plan, reported by Practice Dynamics Inc. under EIN 52-1960319 and plan number 001. It reports 1,429 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015185342NAL0029430705001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Practice Dynamics Inc.
- EIN
- 52-1960319
- Plan number
- 001
- Location
- Owings Mills, MD
- Participants
- 1,429
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $76,634,444
- Net assets (EOY)
- $76,634,444
- Employer contributions
- $1,760,974
- Participant contributions
- $4,009,292
- Total income / additions
- $18,061,819
- Benefits paid
- $4,491,590
- Administrative expenses
- $132,612
- Total expenses
- $4,734,878
- Net increase / (decrease)
- $13,326,941
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | RECORDKEEPER | $119,915 | $0 |
| Raymond James And Associates Inc | INVESTMENT ADVISORY-PLAN | $12,697 | not reported in the loaded dataset |
| National Financial Services | SECURITIES BROKER | $0 | $0 |