2023 Form 5500 filing — Ram Technologies, Inc. Employee Benefit 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 20241029071721NAL0002599683001) for Ram Technologies, Inc. Employee Benefit Plan, reported by Ram Technologies, Inc. under EIN 23-2221740 and plan number 501. It reports 60 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241029071721NAL0002599683001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Ram Technologies, Inc.
- EIN
- 23-2221740
- Plan number
- 501
- Location
- Ft. Washington, PA
- Participants
- 60
- Schedules available
- Schedule I, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,574
- Total liabilities (EOY)
- $279,551
- Net assets (EOY)
- -$267,977
- Employer contributions
- $849,122
- Participant contributions
- $254,861
- Total income / additions
- $1,104,532
- Benefits paid
- $887,531
- Administrative expenses
- $15,487
- Total expenses
- $1,372,509
- Net increase / (decrease)
- -$267,977
- Schedule source
- Schedule I
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Michael Kelly | BROKER | $35,476 | not reported in the loaded dataset |
| The Benecon Group | BROKER | $18,126 | not reported in the loaded dataset |
| Independence Administrators (Ia) | ADMIN | $16,633 | not reported in the loaded dataset |
| Connectcare3 | PATIENT ADVOCATE | $4,941 | not reported in the loaded dataset |