2023 Form 5500 filing — Coverys 401(K) Retirement 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 20241008144037NAL0009789987001) for Coverys 401(K) Retirement Plan, reported by Medical Professional Mutual Insurance Company under EIN 04-2595783 and plan number 002. It reports 756 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008144037NAL0009789987001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Medical Professional Mutual Insurance Company
- EIN
- 04-2595783
- Plan number
- 002
- Location
- Boston, MA
- Participants
- 756
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $179,450,431
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $179,450,431
- Employer contributions
- $5,996,597
- Participant contributions
- $7,123,989
- Total income / additions
- $45,443,617
- Benefits paid
- $16,871,361
- Administrative expenses
- $261,899
- Total expenses
- $17,133,260
- Net increase / (decrease)
- $28,310,357
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Capfinancial Partners LLC | ADVISOR | $115,554 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $76,324 | $0 |
| Strategic Advisors, Inc. | ADVISOR | $39,490 | not reported in the loaded dataset |
| Plante Moran | ACCOUNTANT/AUDITOR | $20,700 | not reported in the loaded dataset |
| Lpl Financial LLC | ADVISOR | $9,831 | not reported in the loaded dataset |