2023 Form 5500 filing — Beaver Medical Group 401(K) Profit-Sharing 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 20240827165344NAL0018005296001) for Beaver Medical Group 401(K) Profit-Sharing Plan, reported by Beaver Medical Group, P.C. under EIN 33-0645967 and plan number 002. It reports 2,359 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240827165344NAL0018005296001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Beaver Medical Group, P.C.
- EIN
- 33-0645967
- Plan number
- 002
- Location
- Minnetonka, MN
- Participants
- 2,359
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $318,972,899
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $318,972,899
- Total income / additions
- $49,939,252
- Benefits paid
- $35,875,591
- Administrative expenses
- $74,187
- Total expenses
- $35,986,358
- Net increase / (decrease)
- $13,952,894
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Invst Instnl Oprtn Co, Inc | RECORDKEEPER | $50,337 | $0 |
| Baker Tilly Us, Llp | ACCOUNTANT/ AUDITOR | $21,600 | $0 |
| Nfp Retirement | ACCOUNTANT/ AUDITOR | $2,250 | $0 |