Physicians' Practice Enhancement, LLC 401(K) Profit Sharing Plan — Form 5500 plan (Physicians' Practice Enhancement, 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, Physicians' Practice Enhancement, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Physicians' Practice Enhancement, LLC under EIN 22-3773688 and plan number 001. The latest loaded filing year is 2023. The filing reports 369 participants and $11,902,109 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Physicians' Practice Enhancement, LLC
EIN
22-3773688
Plan number
001
Plan type
2
Location
Red Bank, NJ
Latest filing year
2023
Participants
369
End-of-year plan assets
$11,902,109

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023369H, C20241014162208NAL0045288992001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$11,902,109
Total liabilities (EOY)
$1,600
Net assets (EOY)
$11,900,509
Net assets (BOY)
$9,656,723

Income & contributions

Employer contributions
$39,072
Participant contributions
$1,024,242
Total contributions
$1,074,995
Total income / additions
$3,011,205

Expenses & distributions

Benefits paid
$737,801
Administrative expenses
$29,618
Total expenses
$767,419
Net increase / (decrease)
$2,243,786

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
T. Rowe Price Rps, Inc.RECORDKEEPER$17,693$02023
Mma Securities LLCNONE$979$02023
John Hancock Trust Company LLCRECORDKEEPER$548$02023

Related Form 5500 pages