2023 Form 5500 filing — Medwest Associates, Inc. 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 20241008103224NAL0016455025001) for Medwest Associates, Inc. Profit Sharing Plan, reported by Medwest Associates, Inc under EIN 36-3853061 and plan number 001. It reports 125 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008103224NAL0016455025001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Medwest Associates, Inc
- EIN
- 36-3853061
- Plan number
- 001
- Location
- Burr Ridge, IL
- Participants
- 125
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,735,214
- Net assets (EOY)
- $7,735,214
- Employer contributions
- $138,344
- Participant contributions
- $1,027,705
- Total income / additions
- $2,409,906
- Benefits paid
- $766,897
- Administrative expenses
- $58,198
- Total expenses
- $830,517
- Net increase / (decrease)
- $1,579,389
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch - Fas | REGISTERED INVESTMENT ADV | $13,732 | $0 |
| Merrill Lynch - Eps | REGISTERED INVESTMENT ADV | $13,732 | $0 |
| John Hancock Life Insurance Company | RECORDKEEPER | $550 | $0 |