Plan Ledger DOL Form 5500 · updated monthly

Raymond Minicucci PspMoney purchase plan

RAYMOND MINICUCCI PSP · PORT WASHINGTON, NY · plan year 2023

Employer contribution per participant · 2023
$0

Raymond Minicucci Psp'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 $1,661,143 across 1 participant accounts, with employer contributions averaging $0 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 finance & insurance employers. By assets it is among the smaller plans on file in New York (5,202nd of 5,648), and 4,680th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$1,661,143
Participants with balances1
Active participants1
Employer contributions$0
Employee contributions$0
Employer contribution per active participant$0
Average account balance$1,661,143
Employer contributions to the Raymond Minicucci Psp plan · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Raymond Minicucci Psp'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.

Similar plansFinance & Insurance · New York
Imprint Payments, Inc. NY$3.0M · 0.02%
Vindex LLC NY$2.4M · 0.54%
Sprout Mortgage LLC NY$2.1M · 1.36%
Nfm Buyer LLC - Union NY$1.6M · 1.15%
Lake Shore Bancorp Inc. NY$1.2M · 8.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270406812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.