Falmouth Scientific, Inc. 401(K) Plan — Form 5500 plan (Falmouth Scientific, Inc.)

Plain-English plan 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, Falmouth Scientific, Inc. 401(K) Plan is a benefit plan reported by Falmouth Scientific, Inc. under EIN 04-3060445 and plan number 001. The latest loaded filing year is 2023. The filing reports 22 participants and $620,584 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$620.6KPlan net assets, end of year$620,584
Participants22Covered participants reported
Assets / participant$28.2KComputed: assets ÷ participants$28,208 (computed)
Provider compensationNone reported
Plan sponsor
Falmouth Scientific, Inc.
EIN
04-3060445
Plan number
001
Plan type
2
Location
Pocasset, MA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202322I20240904125511NAL0009747603001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$620.6K total assets
Net assets$620.6KLiabilities$0
Money in vs. money out
Total income / additions$180.1K
Total expenses$675
Benefits paid / distributions$0
Contributions
Employer$0
Participant$60.2K
Full reported line items

Net assets

Total assets (EOY)
$620,584
Total liabilities (EOY)
$0
Net assets (EOY)
$620,584
Net assets (BOY)
$441,119

Income & contributions

Employer contributions
$0
Participant contributions
$60,235
Total income / additions
$180,140

Expenses & distributions

Benefits paid
$0
Administrative expenses
$675
Total expenses
$675
Net increase / (decrease)
$179,465
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 0%Participant 100%
Total expenses ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages