Modernizing Medicine, Inc. — Form 5500 filings & benefit plans

Form 5500 plan sponsor 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, Modernizing Medicine, Inc. (EIN 27-2070905) is a plan sponsor located in Boca Raton, FL with 3 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
27-2070905
Location
Boca Raton, FL
Loaded plans
3
Latest filing year
2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for Modernizing Medicine, Inc.

  • 3 loaded plans hold $93.1M in reported assets.
  • The largest, Modernizing Medicine, Inc. 401(K) Plan, holds 100% of this company's reported plan assets.
  • Plans cover 4,534 reported participants.
  • 1 of 3 plans report full financial statements.
  • 1 report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$93.1MSummed across loaded plans$93,099,734
Total reported assets$93.1M$93,099,734
Total reported participants4.5K4,534
Total reported liabilities$0

Reported net position

Reported assets = net assets + liabilities (summed)$93.1M total assets
Net assets$93.1MLiabilities$0
Contributions & income
Employer contributions$5.9M
Participant contributions$12.4M
Total income / additions$35.4M
Expenses & distributions
Benefits paid / distributions$4.6M
Total expenses$4.8M
Net increase / (decrease)$30.6M

Data coverage

Plans with financial statements1 / 3 (33%)
Plans with provider compensation1 / 3 (33%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets100%Modernizing Medicine, Inc. 401(K) Plan
Participants per plan1,511Average across loaded plans
Loaded plans3
Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Plan #001 · 1,692 participants · 2023
  2. 2
    Modernizing Medicine, Inc. Welfare Benefits Plannot reported in the loaded dataset
    Plan #502 · 1,520 participants · 2023
  3. 3
    Modernizing Medicine, Inc. Employee Benefit Plannot reported in the loaded dataset
    Plan #501 · 1,322 participants · 2023
EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for Modernizing Medicine, Inc.. Open one for its full reported snapshot.

  1. 2023
    Modernizing Medicine, Inc. Welfare Benefits Plan1,520 participants · 2No schedules
    View filing →
  2. 2023
    Modernizing Medicine, Inc. Employee Benefit Plan1,322 participants · 2No schedules
    View filing →
  3. 2023
    Modernizing Medicine, Inc. 401(K) Plan1,692 participants · 2Sch HSch C
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does Modernizing Medicine, Inc. report on Form 5500?
Modernizing Medicine, Inc. (EIN 27-2070905) reports 3 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for Modernizing Medicine, Inc.?
The Employer Identification Number (EIN) reported for Modernizing Medicine, Inc. is 27-2070905.
What is the latest Form 5500 filing year for Modernizing Medicine, Inc.?
The latest loaded Form 5500 filing year for Modernizing Medicine, Inc. is 2023.

Related Form 5500 pages