Platformq LLC 401(K) Profit Sharing Plan And Trust — Form 5500 plan (Platformq LLC)
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, Platformq LLC 401(K) Profit Sharing Plan And Trust is a benefit plan reported by Platformq LLC under EIN 20-5879799 and plan number 001. The latest loaded filing year is 2023. The filing reports 162 participants and $7,123,153 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Platformq LLC
- EIN
- 20-5879799
- Plan number
- 001
- Plan type
- 2
- Location
- Needham, MA
- Latest filing year
- 2023
- Participants
- 162
- End-of-year plan assets
- $7,123,153
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 162 | H, C | 20241015064551NAL0015918259001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,123,153
- Total liabilities (EOY)
- $36,422
- Net assets (EOY)
- $7,086,731
- Net assets (BOY)
- $4,950,200
Income & contributions
- Employer contributions
- $177,368
- Participant contributions
- $907,712
- Total contributions
- $1,373,323
- Total income / additions
- $2,465,802
Expenses & distributions
- Benefits paid
- $299,591
- Administrative expenses
- $29,680
- Total expenses
- $329,271
- Net increase / (decrease)
- $2,136,531
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sentinel Pension Advisors | ADVISOR | $16,210 | not reported in the loaded dataset | 2023 |
| Paychex | RECORDKEEPER | $8,927 | not reported in the loaded dataset | 2023 |