Psych Associates Group LLC 401(K) Profit Sharing Plan — Form 5500 plan (Psych Associates Group LLC)
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, Psych Associates Group LLC 401(K) Profit Sharing Plan is a benefit plan reported by Psych Associates Group LLC under EIN 87-1340549 and plan number 001. The latest loaded filing year is 2023. The filing reports 201 participants and $4,538,814 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Psych Associates Group LLC
- EIN
- 87-1340549
- Plan number
- 001
- Plan type
- 2
- Location
- Timonium, MD
- Latest filing year
- 2023
- Participants
- 201
- End-of-year plan assets
- $4,538,814
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 201 | H, C | 20241014140331NAL0013415971001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,538,814
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,538,814
- Net assets (BOY)
- $2,947,742
Income & contributions
- Employer contributions
- $578,968
- Participant contributions
- $1,188,702
- Total contributions
- $2,231,694
- Total income / additions
- $2,902,065
Expenses & distributions
- Benefits paid
- $1,271,562
- Administrative expenses
- $39,431
- Total expenses
- $1,310,993
- Net increase / (decrease)
- $1,591,072
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Capital Group Retirement Plan Servi | RECORDKEEPER | $19,570 | $0 | 2023 |
| Sfg Wealth Management | OTHER | $14,645 | not reported in the loaded dataset | 2023 |
| Pollard & Associates Inc. | CONTRACT ADMIN | $5,516 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Psych Associates Group LLC
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in Timonium, MD
- Capital Group Retirement Plan Servi — Schedule C compensation
- Sfg Wealth Management — Schedule C compensation
- Pollard & Associates Inc. — Schedule C compensation