2023 Form 5500 filing — Medworks, Inc. Retirement Savings 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 20241014152753NAL0015208755001) for Medworks, Inc. Retirement Savings Plan, reported by Medworks, Inc. under EIN 35-2000863 and plan number 001. It reports 388 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014152753NAL0015208755001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Medworks, Inc.
- EIN
- 35-2000863
- Plan number
- 001
- Location
- Shelbyville, IN
- Participants
- 388
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $37,989,921
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $37,989,921
- Employer contributions
- $1,265,937
- Participant contributions
- $1,417,985
- Total income / additions
- $8,259,367
- Benefits paid
- $759,228
- Administrative expenses
- $58,672
- Total expenses
- $817,900
- Net increase / (decrease)
- $7,441,467
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Milliman, Inc. | NONE | $35,001 | not reported in the loaded dataset |
| Guidance Point | NONE | $8,393 | not reported in the loaded dataset |
| Charles Schwab Trust Bank | NONE | $6,966 | $667 |
| Vestia Advisors | NONE | $5,649 | not reported in the loaded dataset |
| Charles Schwab & Co. Inc. | NONE | $290 | $0 |