Palomar Technologies, Inc. 401(K) Plan — Form 5500 plan (Palomar Technologies, 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, Palomar Technologies, Inc. 401(K) Plan is a benefit plan reported by Palomar Technologies, Inc. under EIN 33-0781304 and plan number 001. The latest loaded filing year is 2023. The filing reports 139 participants and $23,583,272 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Palomar Technologies, Inc.
EIN
33-0781304
Plan number
001
Plan type
2
Location
Carlsbad, CA
Latest filing year
2023
Participants
139
End-of-year plan assets
$23,583,272

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023139H, C20241007193210NAL0028268112001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$23,583,272
Total liabilities (EOY)
$0
Net assets (EOY)
$23,583,272
Net assets (BOY)
$21,040,436

Income & contributions

Employer contributions
$284,107
Participant contributions
$858,064
Total contributions
$1,230,651
Total income / additions
$4,230,848

Expenses & distributions

Benefits paid
$1,636,488
Administrative expenses
$51,524
Total expenses
$1,688,012
Net increase / (decrease)
$2,542,836

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Ubs Financial Services IncINVESTMENT ADVISOR$25,000not reported in the loaded dataset2023
Empower Advisory Group LlpINVESMENT MGMT$21,445not reported in the loaded dataset2023
Pension Assurance LlpAUDITOR$11,000not reported in the loaded dataset2023
Actuarial Benefits CorpCONTRACT ADMIN$0$10,0002023
Empower Annuity Ins Co Of AmericaRECORDKEEPER$0$02023

Related Form 5500 pages