2023 Form 5500 filing — Mhbd 401(K) Retirement 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 20250130154027NAL0000645987001) for Mhbd 401(K) Retirement Plan, reported by Medici Technologies, LLC under EIN 81-1053040 and plan number 001. It reports 231 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)$5.3MReported net assets$5,271,845
Participants231
Provider compensation$19.7K3 Schedule C row(s)$19,653
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20250130154027NAL0000645987001
Plan sponsor
Medici Technologies, LLC
EIN
81-1053040
Plan number
001
Location
Austin, TX
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)$5.3M total assets
Net assets$5.3MLiabilities$49.1K
Money in vs. money out
Total income / additions$1.7M
Total expenses$248.2K
Benefits paid / distributions$164.8K
Contributions
Employer$129.3K
Participant$760K
Full reported line items
Total assets (EOY)
$5,320,951
Total liabilities (EOY)
$49,106
Net assets (EOY)
$5,271,845
Employer contributions
$129,275
Participant contributions
$759,962
Total income / additions
$1,664,572
Benefits paid
$164,805
Administrative expenses
$36,203
Total expenses
$248,179
Net increase / (decrease)
$1,416,393

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Alera Investment AdvisorsRIA$17,792not reported in the loaded dataset
John Hancock UsaRECORDKEEPER$971not reported in the loaded dataset
Wilshire Associates Inc (Usa)RIA$890not reported in the loaded dataset

Related Form 5500 pages