Medbest Medical Management 401(K) Plan — Form 5500 plan (Medbest Medical Management, 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, Medbest Medical Management 401(K) Plan is a benefit plan reported by Medbest Medical Management, Inc. under EIN 16-1504941 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,054 participants and $49,210,566 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Medbest Medical Management, Inc.
EIN
16-1504941
Plan number
001
Plan type
3
Location
Syracuse, NY
Latest filing year
2023
Participants
1,054
End-of-year plan assets
$49,210,566

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,054H, C20241011144539NAL0022072417001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$49,210,566
Total liabilities (EOY)
$0
Net assets (EOY)
$49,210,566
Net assets (BOY)
$42,016,848

Income & contributions

Employer contributions
$2,897,436
Participant contributions
$2,996,843
Total contributions
$7,025,475
Total income / additions
$12,886,221

Expenses & distributions

Benefits paid
$5,537,658
Administrative expenses
$154,845
Total expenses
$5,692,503
Net increase / (decrease)
$7,193,718

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Variable Annuity Life Insurance Co.NONE$146,363$02023

Related Form 5500 pages