2023 Form 5500 filing — Psiquantum 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 20250910200442NAL0021446993001) for Psiquantum 401(K) Plan, reported by Psiquantum Corp. under EIN 81-1715139 and plan number 001. It reports 271 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250910200442NAL0021446993001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Psiquantum Corp.
- EIN
- 81-1715139
- Plan number
- 001
- Location
- Palo Alto, CA
- Participants
- 271
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,482,802
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,482,802
- Employer contributions
- $1,003,878
- Participant contributions
- $3,795,387
- Total income / additions
- $7,630,460
- Benefits paid
- $1,393,983
- Administrative expenses
- $50,263
- Total expenses
- $1,472,655
- Net increase / (decrease)
- $6,157,805
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Edward D Jones & Co Lp | INVESTMENT ADVISOR | $28,665 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $11,065 | not reported in the loaded dataset |
| Morningstar Inc Dba Morningstar Ass | OTHER | $2,524 | not reported in the loaded dataset |
| Empower Annuity Ins Co Of America | RECORDKEEPER | $0 | $0 |