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, Ortec, Inc. Employees Retirement Savings And Profit Sharing Plan is a benefit plan reported by Ortec, Inc. under EIN 57-0700660 and plan number 002. The latest loaded filing year is 2023. The filing reports 361 participants and $24,203,168 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $24,203,168
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,203,168
- Net assets (BOY)
- $19,565,276
Income & contributions
- Employer contributions
- $455,053
- Participant contributions
- $1,307,852
- Total contributions
- $2,048,564
- Total income / additions
- $7,014,520
Expenses & distributions
- Benefits paid
- $2,341,191
- Administrative expenses
- $27,201
- Total expenses
- $2,376,628
- Net increase / (decrease)
- $4,637,892