2023 Form 5500 filing — Olean Medical Practice Pllc Retirement Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240729155104NAL0011207891001) for Olean Medical Practice Pllc Retirement Plan, reported by Olean Medical Practice Pllc under EIN 88-1324896 and plan number 002. It reports 256 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240729155104NAL0011207891001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Olean Medical Practice Pllc
- EIN
- 88-1324896
- Plan number
- 002
- Location
- Olean, NY
- Participants
- 256
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $31,632,958
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $31,632,958
- Employer contributions
- $560,034
- Participant contributions
- $656,618
- Total income / additions
- $5,947,392
- Benefits paid
- $4,524,265
- Administrative expenses
- $132,314
- Total expenses
- $4,656,579
- Net increase / (decrease)
- $1,290,813
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $132,315 | $0 |
| Lincoln Financial Advisors Corporat | SERVICE PROVIDER | $24,764 | not reported in the loaded dataset |
| Phillips Lytle Llp | SERVICE PROVIDER | $14,111 | not reported in the loaded dataset |
| Freed Maxick Cpas Pc | SERVICE PROVIDER | $13,650 | not reported in the loaded dataset |