Plan5500

Multiplan, Inc. 401(K) Plan — Form 5500 plan (Multiplan, 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, Multiplan, Inc. 401(K) Plan is a benefit plan reported by Multiplan, Inc. under EIN 13-3068979 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,180 participants and $373,943,597 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Multiplan, Inc.
EIN
13-3068979
Plan number
001
Plan type
2
Location
Naperville, IL
Latest filing year
2023
Participants
3,180
End-of-year plan assets
$373,943,597

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20233,180H, C20241003142230NAL0017230320001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$373,943,597
Total liabilities (EOY)
$0
Net assets (EOY)
$373,943,597
Net assets (BOY)
$317,536,297

Income & contributions

Employer contributions
$4,247,633
Participant contributions
$18,481,227
Total contributions
$25,981,705
Total income / additions
$82,133,193

Expenses & distributions

Benefits paid
$24,888,393
Administrative expenses
$829,203
Total expenses
$25,725,893
Net increase / (decrease)
$56,407,300

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$815,986$02023
Mma Securities LLCINVESTMENT ADVISORY$12,662not reported in the loaded dataset2023

Related Form 5500 pages