Rhythm Management Group Corp 401(K) Plan — Form 5500 plan (Rhythm Management Group Corp)
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, Rhythm Management Group Corp 401(K) Plan is a benefit plan reported by Rhythm Management Group Corp under EIN 81-4227066 and plan number 001. The latest loaded filing year is 2023. The filing reports 212 participants and $3,027,373 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Rhythm Management Group Corp
- EIN
- 81-4227066
- Plan number
- 001
- Plan type
- 2
- Location
- Rockville, MD
- Latest filing year
- 2023
- Participants
- 212
- End-of-year plan assets
- $3,027,373
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 212 | H, C | 20251021113457NAL0000769043001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,027,373
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,027,373
- Net assets (BOY)
- $2,101,781
Income & contributions
- Employer contributions
- $473,722
- Participant contributions
- $790,228
- Total contributions
- $1,466,995
- Total income / additions
- $1,916,387
Expenses & distributions
- Benefits paid
- $952,411
- Administrative expenses
- $38,384
- Total expenses
- $990,795
- Net increase / (decrease)
- $925,592
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $16,751 | $0 | 2023 |
| Merrill Lynch Pierce Fenner & Smith | CONSULTANT | $12,827 | $32 | 2023 |
| Prime Benefits, Inc. | CONTRACT ADMINISTRATOR | $8,985 | $1,438 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Rhythm Management Group Corp
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in Rockville, MD
- Principal Life Insurance Company — Schedule C compensation
- Merrill Lynch Pierce Fenner & Smith — Schedule C compensation
- Prime Benefits, Inc. — Schedule C compensation