2023 Form 5500 filing — Medical Information Technology, Inc. 401(K) 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 20240730144040NAL0020234161001) for Medical Information Technology, Inc. 401(K) Plan, reported by Medical Information Technology, Inc under EIN 04-2455639 and plan number 005. It reports 3,635 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240730144040NAL0020234161001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Medical Information Technology, Inc
- EIN
- 04-2455639
- Plan number
- 005
- Location
- Canton, MA
- Participants
- 3,635
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $78,254,617
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $78,254,617
- Participant contributions
- $16,954,618
- Total income / additions
- $28,120,261
- Benefits paid
- $2,880,885
- Administrative expenses
- $201,804
- Total expenses
- $3,082,689
- Net increase / (decrease)
- $25,037,572
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Prudential Retirement Insurance And | NONE | $137,909 | $0 |
| Creative Planning Holdco, LLC | NONE | $63,895 | not reported in the loaded dataset |