Medical Information Technology, Inc. Profit Sharing Plan — Form 5500 plan (Medical Information Technology, Inc)
Plain-English plan 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, Medical Information Technology, Inc. Profit Sharing Plan is a benefit plan reported by Medical Information Technology, Inc under EIN 04-2455639 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,091 participants and $404,684,699 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Medical Information Technology, Inc
- EIN
- 04-2455639
- Plan number
- 001
- Plan type
- 2
- Location
- Canton, MA
- Latest filing year
- 2023
- Participants
- 3,091
- End-of-year plan assets
- $404,684,699
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,091 | H | 20240731112504NAL0036388816001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $404,684,699
- Net assets (EOY)
- $404,684,699
- Net assets (BOY)
- $414,129,345
Income & contributions
- Employer contributions
- $13,000,000
- Total contributions
- $13,000,000
- Total income / additions
- $26,672,341
Expenses & distributions
- Benefits paid
- $36,116,987
- Total expenses
- $36,116,987
- Net increase / (decrease)
- -$9,444,646
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.