2023 Form 5500 filing — Michigan Healthcare Professionals, P.C. 401(K) Profit Sharing Plan And Trust
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 20241015183331NAL0017050819001) for Michigan Healthcare Professionals, P.C. 401(K) Profit Sharing Plan And Trust, reported by Michigan Healthcare Professionals, P.C. under EIN 45-1674932 and plan number 003. It reports 596 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015183331NAL0017050819001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Michigan Healthcare Professionals, P.C.
- EIN
- 45-1674932
- Plan number
- 003
- Location
- Farmington Hills, MI
- Participants
- 596
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $70,840,359
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $70,840,359
- Employer contributions
- $3,682,895
- Participant contributions
- $2,931,879
- Total income / additions
- $16,029,588
- Benefits paid
- $3,651,568
- Administrative expenses
- $3,497
- Total expenses
- $3,655,065
- Net increase / (decrease)
- $12,374,523
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch, Pierce, Fenner And S | RECORDKEEPER | $80,018 | $0 |