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, Poly-Med, Inc. 401(K) Retirement Plan is a benefit plan reported by Poly-Med, Inc. under EIN 57-0981494 and plan number 001. The latest loaded filing year is 2023. The filing reports 174 participants and $8,895,380 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,895,380
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,895,380
- Net assets (BOY)
- $6,521,516
Income & contributions
- Employer contributions
- $303,898
- Participant contributions
- $817,314
- Total contributions
- $1,219,583
- Total income / additions
- $2,528,940
Expenses & distributions
- Benefits paid
- $154,316
- Administrative expenses
- $760
- Total expenses
- $155,076
- Net increase / (decrease)
- $2,373,864