Bio-Med Associates, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Bio-Med 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, Bio-Med Associates, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Bio-Med Associates, Inc. under EIN 22-2572117 and plan number 001. The latest loaded filing year is 2023. The filing reports 20 participants and $6,338,898 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bio-Med Associates, Inc.
- EIN
- 22-2572117
- Plan number
- 001
- Plan type
- 2
- Location
- Flemington, NJ
- Latest filing year
- 2023
- Participants
- 20
- End-of-year plan assets
- $6,338,898
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 20 | I | 20240422135831NAL0018382018001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $6,338,898
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,338,898
- Net assets (BOY)
- $5,300,191
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $325,427
- Total income / additions
- $1,140,347
Expenses & distributions
- Benefits paid
- $92,750
- Administrative expenses
- $8,890
- Total expenses
- $101,640
- Net increase / (decrease)
- $1,038,707
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.