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Form 5500 · Employee benefit plan · PLYMOTH, MN

PROMED MOLDED PRODUCTS, INC.

The filing calls this plan PROMED MOLDED PRODUCTS HEALTH REIMBURSEMENT PLAN.

Public Form 5500 records show how PROMED MOLDED PRODUCTS, INC. of PLYMOTH, MN, a manufacturing employer, structures its employee benefits. Coverage is written through THE LINCOLN NATIONAL LIFE INSURANCE COMPANY. The plan's most recent policy period ended in December.

Benefits broker of record
Not disclosed
Policy year ends
Decemberas filed for plan year 2023

Sourced from U.S. DOL EFAST2 Form 5500 · EIN 41-1635956 · plan 504 · plan year 2023, filed Oct 14, 2024

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How this plan is funded

Self-funded as reported

The filing reports benefits paid from the plan's own money, and no medical insurance contract on Schedule A.

A stop-loss policy appears on a Form 5500 only when the plan itself is the beneficiary, or the premiums are paid from plan money. Many employers buy stop-loss and never report it here. So a plan with no stop-loss on its filing may still have it.

All participants at the start of the year
164
Active at start of year
164
Active at end of year
189
Disclosed commissions
$0
Typical renewal
January 1

Benefits declared on this filing

Healthdeclared under plan 501
Dentaldeclared under plan 502
Visiondeclared under plan 505
Lifedeclared under plan 501
Disabilitydeclared under plan 501

Also declared: other welfare.

Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.

Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.

Plan brief

The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.

No broker of record is named on the Schedule A. The contracts may be written directly with the carrier, or the broker fields were left blank on the filing.

Schedule A insurance contracts

CarrierBenefitsCoveredRenewsPremiumCommission
THE LINCOLN NATIONAL LIFE INSURANCE COMPANYAnnuity / GIC189Jan 1, 2024$803,230$0

Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.

See the filing at the Department of Labor

Administrator and service providers

Plan administrator on the filing
PROMED MOLDED PRODUCTS, INC.
EIN 41-1635956
BPAS
Recordkeeping and information management · Custodian · EIN 16-1616474
$8,299
paid directly by the plan

The plan administrator is from line 3a of the main form. The service providers are named on Schedule C of this filing. We publish company names only.

Reported to OSHA

Reported to OSHA for 2025: 323 employees, 3 recordable cases, 64 days away from work.

EmployeesThe company's own average for the year
323
Hours worked
504,414
Recordable cases
3
Days away from work
64
Establishments filed under this EIN
3

Source: OSHA Injury Tracking Application establishment data, 2025.

Money the plan held and paid out

Plan assets at year end
$806,601
Paid out in benefits
$23,841
Independent accountantEIN 92-0370318
REDPATH AND COMPANY LLC
Accountant's opinion (Schedule H, line 3a)
Unmodified

Sourced from U.S. DOL EFAST2 Form 5500 · Schedule H

These are the plan's own figures from Schedule H, the financial statement it files. They are not the premium on Schedule A.

Other plans filed by this employer

How this plan compares

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