Ray Palmer Associates, Inc. Profit Sharing Plan — Form 5500 plan (Ray Palmer Associates, 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, Ray Palmer Associates, Inc. Profit Sharing Plan is a benefit plan reported by Ray Palmer Associates, Inc. under EIN 22-1670568 and plan number 001. The latest loaded filing year is 2023. The filing reports 17 participants and $2,304,865 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ray Palmer Associates, Inc.
- EIN
- 22-1670568
- Plan number
- 001
- Plan type
- 2
- Location
- Dover, NJ
- Latest filing year
- 2023
- Participants
- 17
- End-of-year plan assets
- $2,304,865
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 17 | I | 20250408125109NAL0011132611001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $2,304,865
- Net assets (EOY)
- $2,304,865
- Net assets (BOY)
- $1,900,914
Income & contributions
- Employer contributions
- $205,200
- Total income / additions
- $524,436
Expenses & distributions
- Benefits paid
- $99,664
- Administrative expenses
- $20,821
- Total expenses
- $120,485
- Net increase / (decrease)
- $403,951
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.