Promed Molded Products Health Reimbursement Plan. — Form 5500 plan (Promed Molded Products, 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, Promed Molded Products Health Reimbursement Plan. is a benefit plan reported by Promed Molded Products, Inc. under EIN 41-1635956 and plan number 504. The latest loaded filing year is 2023. The filing reports 164 participants and $806,601 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$806.6KPlan net assets, end of year$806,601
Participants164Covered participants reported
Assets / participant$4.9KComputed: assets ÷ participants$4,918 (computed)
Provider compensation$8.3K1 Schedule C provider row(s)$8,299
- Plan sponsor
- Promed Molded Products, Inc.
- EIN
- 41-1635956
- Plan number
- 504
- Plan type
- 2
- Location
- Plymoth, MN
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 164 | H, C | 20241014144353NAL0013468675001 |
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)$806.6K total assets
Net assets$806.6KLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $806,601
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $806,601
- Net assets (BOY)
- $826,733
Income & contributions
- Total contributions
- $0
- Total income / additions
- $12,508
Expenses & distributions
- Benefits paid
- $23,841
- Administrative expenses
- $8,799
- Total expenses
- $32,640
- Net increase / (decrease)
- -$20,132
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.
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income191%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Bpas | RECORDKEEPER/TRUSTEE | $8,299 | not reported in the loaded dataset | 2023 |