2023 Form 5500 filing — Covenant Medical Management 401(K) And 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 20241015154808NAL0028994577004) for Covenant Medical Management 401(K) And Profit Sharing Plan, reported by Covenant Medical Group, Inc. under EIN 62-1282917 and plan number 002. It reports 306 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015154808NAL0028994577004
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Covenant Medical Group, Inc.
- EIN
- 62-1282917
- Plan number
- 002
- Location
- Knoxville, TN
- Participants
- 306
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,529,072
- Net assets (EOY)
- $13,529,072
- Employer contributions
- $213,998
- Participant contributions
- $117,178
- Total income / additions
- $2,347,039
- Benefits paid
- $607,839
- Administrative expenses
- $26,650
- Total expenses
- $634,489
- Net increase / (decrease)
- $1,712,550
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Instl Ops Co | RECORDKEEPER | $20,221 | $0 |
| Trendz Advisors, Inc. | INVESTMENT ADVISOR | $6,428 | not reported in the loaded dataset |