2023 Form 5500 filing — Medallion Financial Corp. 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 20241004142027NAL0005762739001) for Medallion Financial Corp. 401(K) Profit Sharing Plan, reported by Medallion Financial Corp. under EIN 11-2523716 and plan number 022. It reports 225 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241004142027NAL0005762739001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Medallion Financial Corp.
- EIN
- 11-2523716
- Plan number
- 022
- Location
- New York, NY
- Participants
- 225
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $19,857,747
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,857,747
- Employer contributions
- $530,446
- Participant contributions
- $1,331,468
- Total income / additions
- $4,821,654
- Benefits paid
- $1,101,470
- Administrative expenses
- $77,432
- Total expenses
- $1,178,902
- Net increase / (decrease)
- $3,642,752
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Prudential Ret. Ins. & Annuity Co. | NONE | $46,142 | $0 |
| Global Retirement Partners, LLC | NONE | $31,140 | not reported in the loaded dataset |
| Alliant Insurance Services, Inc. | NONE | $8,546 | not reported in the loaded dataset |