2023 Form 5500 filing — Physician Healthcare Network, P.C. 401(K) 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 20241031131307NAL0001478723001) for Physician Healthcare Network, P.C. 401(K) Profit Sharing Plan, reported by Physician Healthcare Network, P.C. under EIN 38-3175658 and plan number 001. It reports 265 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241031131307NAL0001478723001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Physician Healthcare Network, P.C.
- EIN
- 38-3175658
- Plan number
- 001
- Location
- Fort Gratiot, MI
- Participants
- 265
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,848,805
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,848,805
- Employer contributions
- $0
- Participant contributions
- $530,453
- Total income / additions
- $3,938,551
- Benefits paid
- $1,330,428
- Administrative expenses
- $118,035
- Total expenses
- $1,459,092
- Net increase / (decrease)
- $2,479,459
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Hantz Financial Services | NONE | $115,228 | not reported in the loaded dataset |
| Epic Retirement Plan Services | NONE | $2,807 | $0 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 |