Polymedco, Inc. 401(K) Savings Plan — Form 5500 plan (Polymedco, 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, Polymedco, Inc. 401(K) Savings Plan is a benefit plan reported by Polymedco, Inc. under EIN 13-3045754 and plan number 004. The latest loaded filing year is 2023. The filing reports 103 participants and $15,670,982 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$15.7MPlan net assets, end of year$15,670,982
Participants103Covered participants reported
Assets / participant$152.1KComputed: assets ÷ participants$152,145 (computed)
Provider compensation$43.7K4 Schedule C provider row(s)$43,699
Plan sponsor
Polymedco, Inc.
EIN
13-3045754
Plan number
004
Plan type
2
Location
Cortlandt Manor, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023103H, C20240801055439NAL0035648384001
Schedule H · 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)$15.7M total assets
Net assets$15.7MLiabilities$0
Money in vs. money out
Total income / additions$4.5M
Total expenses$971.9K
Benefits paid / distributions$926.8K
Contributions
Employer$388.4K
Participant$928K
Full reported line items

Net assets

Total assets (EOY)
$15,670,982
Total liabilities (EOY)
$0
Net assets (EOY)
$15,670,982
Net assets (BOY)
$12,133,303

Income & contributions

Employer contributions
$388,386
Participant contributions
$927,952
Total contributions
$2,148,480
Total income / additions
$4,509,538

Expenses & distributions

Benefits paid
$926,809
Administrative expenses
$38,066
Total expenses
$971,859
Net increase / (decrease)
$3,537,679
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 30%Participant 70%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income21%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch Pierce Fenner & SmithINVESTMENT ADVISOR$21,886$5,5912023
Adp, Inc.RECORD KEEPER$16,222$02023
Adp Broker-DealerRECORD KEEPER$0$02023
Mesirow Financial Investment ManageINVESTMENT/FINANCIAL ADVI$0$02023

Related Form 5500 pages