Surgical Centers 401(K) Retirement Plan — Form 5500 plan (Surgical Management Professionals, LLC)

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, Surgical Centers 401(K) Retirement Plan is a benefit plan reported by Surgical Management Professionals, LLC under EIN 20-2605266 and plan number 001. The latest loaded filing year is 2023. The filing reports 389 participants and $22,278,597 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Surgical Management Professionals, LLC
EIN
20-2605266
Plan number
001
Plan type
3
Location
Sioux Falls, SD
Latest filing year
2023
Participants
389
End-of-year plan assets
$22,278,597

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023389H, C20241015114832NAL0028249089001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$22,278,597
Total liabilities (EOY)
$0
Net assets (EOY)
$22,278,597
Net assets (BOY)
$17,063,261

Income & contributions

Employer contributions
$521,154
Participant contributions
$1,304,266
Total contributions
$2,440,022
Total income / additions
$5,517,931

Expenses & distributions

Benefits paid
$1,365,698
Administrative expenses
$142,177
Total expenses
$1,507,875
Net increase / (decrease)
$4,010,056

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CoRECORDKEEPER$109,539$02023
Hub Investment Advisors IncINVESTMENT ADVISOR$0$46,8762023
Ascensus Holdings Inc Dba FutureplCONTRACT ADMINISTRATOR$37,785$7,5622023

Related Form 5500 pages