Psi Pumping Solutions, Inc. 401(K) Plan — Form 5500 plan (Psi Pumping Solutions, 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, Psi Pumping Solutions, Inc. 401(K) Plan is a benefit plan reported by Psi Pumping Solutions, Inc. under EIN 43-1973864 and plan number 001. The latest loaded filing year is 2023. The filing reports 47 participants and $1,756,717 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.8MPlan net assets, end of year$1,756,717
Participants47Covered participants reported
Assets / participant$37.4KComputed: assets ÷ participants$37,377 (computed)
Provider compensationNone reported
Plan sponsor
Psi Pumping Solutions, Inc.
EIN
43-1973864
Plan number
001
Plan type
2
Location
York Springs, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202347I20240531072042NAL0014462801001
Schedule I · 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)$1.8M total assets
Net assets$1.8MLiabilities$0
Money in vs. money out
Total income / additions$511.2K
Total expenses$185.7K
Benefits paid / distributions$177.5K
Contributions
Employer$69.3K
Participant$121K
Full reported line items

Net assets

Total assets (EOY)
$1,756,717
Total liabilities (EOY)
$0
Net assets (EOY)
$1,756,717
Net assets (BOY)
$1,431,194

Income & contributions

Employer contributions
$69,285
Participant contributions
$120,997
Total income / additions
$511,181

Expenses & distributions

Benefits paid
$177,534
Administrative expenses
$8,124
Total expenses
$185,658
Net increase / (decrease)
$325,523
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 36%Participant 64%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income35%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages