2023 Form 5500 filing — North East Medical Services Profit Sharing 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 20240926195142NAL0002272642001) for North East Medical Services Profit Sharing 401(K) Plan, reported by North East Medical Services under EIN 94-1722562 and plan number 001. It reports 1,437 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240926195142NAL0002272642001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- North East Medical Services
- EIN
- 94-1722562
- Plan number
- 001
- Location
- Daly City, CA
- Participants
- 1,437
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $144,036,211
- Total liabilities (EOY)
- $758
- Net assets (EOY)
- $144,035,453
- Employer contributions
- $7,518,413
- Participant contributions
- $6,533,143
- Total income / additions
- $34,570,732
- Benefits paid
- $1,325,732
- Administrative expenses
- $248,496
- Total expenses
- $1,574,228
- Net increase / (decrease)
- $32,996,504
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Pension Benefit Consultants | THIRD PARTY ADMINISTRATO | not reported in the loaded dataset | $126,975 |
| Newport Group / Newport Trust Co. | RECORDKEEPER & TRUSTEE | not reported in the loaded dataset | $117,966 |