2023 Form 5500 filing — Lifemed Alaska, LLC 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 20241015192105NAL0017102931001) for Lifemed Alaska, LLC 401(K) Profit Sharing Plan And Trust, reported by Lifemed Alaska, LLC under EIN 26-2512960 and plan number 001. It reports 235 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$18.6MReported net assets$18,612,475
Participants235
Provider compensation$47.4K2 Schedule C row(s)$47,428
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015192105NAL0017102931001
Plan sponsor
Lifemed Alaska, LLC
EIN
26-2512960
Plan number
001
Location
Anchorage, AK
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$18.6M total assets
Net assets$18.6MLiabilities$26.1K
Money in vs. money out
Total income / additions$4.6M
Total expenses$716.5K
Benefits paid / distributions$586K
Contributions
Employer$825.3K
Participant$1.2M
Full reported line items
Total assets (EOY)
$18,638,599
Total liabilities (EOY)
$26,124
Net assets (EOY)
$18,612,475
Employer contributions
$825,346
Participant contributions
$1,193,226
Total income / additions
$4,588,995
Benefits paid
$586,006
Administrative expenses
$130,534
Total expenses
$716,540
Net increase / (decrease)
$3,872,455

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Alera Investment AdvisorsRIA$46,278$0
John Hancock Life Insurance CompanyRECORDKEEPER$1,150$0

Related Form 5500 pages