Patientsafe Solutions, Inc. 401(k) Plan (terminated 2021): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2021. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Patientsafe Solutions, Inc. 401(k) Plan Facts (plan year 2021)

Plan name
PATIENTSAFE SOLUTIONS 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PATIENTSAFE SOLUTIONS, INC.
Participants
107
Former employees with a balance
0
Employer contributions
$87,892 in plan year 2021 (21% of all contributions)
Recordkeeper
Great-west Life & Annuity Insurance
Plan year
Jan 1, 2021 – Aug 3, 2021
Plan established
Jan 1, 2004
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2021 (Jan 1, 2021 – Aug 3, 2021), filed Apr 18, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $418,190 went into the plan in contributions, $87,892 of it from the employer (21%).
  • $6.54 million was paid out to participants.
  • Investment and other income added $594,842.

How the Patientsafe Solutions, Inc. 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2016122$2.53 million$0$1.03 million
2017113$3.46 million$0$150,017
2018107$3.83 million$0$97,590
2019136$5.07 million$0$434,667
2020127$5.57 million$0$717,523
2021 (final)107$0$87,892$6.54 million

Patientsafe Solutions, Inc. 401(k) Contact Information

Phone
858-746-3112
Mailing address
9330 SCRANTON ROAD, STE.325, SAN DIEGO CA 92121
Plan sponsor
PATIENTSAFE SOLUTIONS, INC.
Employer identification number (EIN)
94-3349097
Plan number
001

Questions about the Patientsafe Solutions, Inc. 401(k)

Is the Patientsafe Solutions, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2021.

Does Patientsafe Solutions, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $87,892, 21% of all contributions.

Does the Patientsafe Solutions, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Patientsafe Solutions, Inc 401(k) plan?

107 participants at the start of plan year 2021.

Who manages the Patientsafe Solutions, Inc 401(k) accounts?

Empower (listed on the filing as GREAT-WEST LIFE & ANNUITY INSURANCE) is the plan's recordkeeper, which is where participants log in to see their balance.

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