Multi-Therapeutic Services, Inc.ESOP
MULTI-THERAPEUTIC SERVICES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · SILVER SPRINGS, MD · plan year 2023
Multi-Therapeutic Services, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $2,943,444 across 219 participant accounts, with employer contributions averaging $291 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maryland (1,446th of 1,671), and 9,301st of 11,911 in health care & social assistance.
Multi-Therapeutic Services, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
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Source: U.S. Department of Labor, Form 5500 series, EIN 521571427 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.