Polymer Technology Systems, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Polymer Technology Systems, 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, Polymer Technology Systems, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Polymer Technology Systems, Inc. under EIN 35-1895358 and plan number 001. The latest loaded filing year is 2023. The filing reports 260 participants and $22,040,021 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$22MPlan net assets, end of year$22,040,021
Participants260Covered participants reported
Assets / participant$84.8KComputed: assets ÷ participants$84,769 (computed)
Provider compensation$20.3K1 Schedule C provider row(s)$20,333
Plan sponsor
Polymer Technology Systems, Inc.
EIN
35-1895358
Plan number
001
Plan type
2
Location
Whitestown, IN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023260H, C20240920062242NAL0009897152001
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)$22M total assets
Net assets$22MLiabilities$0
Money in vs. money out
Total income / additions$5.5M
Total expenses$1.6M
Benefits paid / distributions$1.6M
Contributions
Employer$890.2K
Participant$1.3M
Full reported line items

Net assets

Total assets (EOY)
$22,040,021
Total liabilities (EOY)
$0
Net assets (EOY)
$22,040,021
Net assets (BOY)
$18,208,617

Income & contributions

Employer contributions
$890,184
Participant contributions
$1,340,794
Total contributions
$2,230,978
Total income / additions
$5,471,688

Expenses & distributions

Benefits paid
$1,619,951
Administrative expenses
$20,333
Total expenses
$1,640,284
Net increase / (decrease)
$3,831,404
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 40%Participant 60%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income30%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
T. Rowe Price Rps, Inc.RECORDKEEPER$20,333$02023

Related Form 5500 pages