Medallion Financial Corp. 401(K) Profit Sharing Plan — Form 5500 plan (Medallion Financial Corp.)
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, Medallion Financial Corp. 401(K) Profit Sharing Plan is a benefit plan reported by Medallion Financial Corp. under EIN 11-2523716 and plan number 022. The latest loaded filing year is 2023. The filing reports 225 participants and $19,857,747 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Medallion Financial Corp.
- EIN
- 11-2523716
- Plan number
- 022
- Plan type
- 2
- Location
- New York, NY
- Latest filing year
- 2023
- Participants
- 225
- End-of-year plan assets
- $19,857,747
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 225 | H, C | 20241004142027NAL0005762739001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,857,747
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,857,747
- Net assets (BOY)
- $16,214,995
Income & contributions
- Employer contributions
- $530,446
- Participant contributions
- $1,331,468
- Total contributions
- $1,861,914
- Total income / additions
- $4,821,654
Expenses & distributions
- Benefits paid
- $1,101,470
- Administrative expenses
- $77,432
- Total expenses
- $1,178,902
- Net increase / (decrease)
- $3,642,752
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Prudential Ret. Ins. & Annuity Co. | NONE | $46,142 | $0 | 2023 |
| Global Retirement Partners, LLC | NONE | $31,140 | not reported in the loaded dataset | 2023 |
| Alliant Insurance Services, Inc. | NONE | $8,546 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Medallion Financial Corp.
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in New York, NY
- Prudential Ret. Ins. & Annuity Co. — Schedule C compensation
- Global Retirement Partners, LLC — Schedule C compensation
- Alliant Insurance Services, Inc. — Schedule C compensation