Lifemed Alaska, LLC 401(K) Profit Sharing Plan And Trust — Form 5500 plan (Lifemed Alaska, 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, Lifemed Alaska, LLC 401(K) Profit Sharing Plan And Trust is a benefit plan reported by Lifemed Alaska, LLC under EIN 26-2512960 and plan number 001. The latest loaded filing year is 2023. The filing reports 235 participants and $18,638,599 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$18.6MPlan net assets, end of year$18,612,475
Participants235Covered participants reported
Assets / participant$79.3KComputed: assets ÷ participants$79,313 (computed)
Provider compensation$47.4K2 Schedule C provider row(s)$47,428
- Plan sponsor
- Lifemed Alaska, LLC
- EIN
- 26-2512960
- Plan number
- 001
- Plan type
- 2
- Location
- Anchorage, AK
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 235 | H, C | 20241015192105NAL0017102931001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$18.6M total assets
Net assets$18.6MLiabilities$26.1K
Full reported line items
Net assets
- Total assets (EOY)
- $18,638,599
- Total liabilities (EOY)
- $26,124
- Net assets (EOY)
- $18,612,475
- Net assets (BOY)
- $14,740,020
Income & contributions
- Employer contributions
- $825,346
- Participant contributions
- $1,193,226
- Total contributions
- $2,018,572
- Total income / additions
- $4,588,995
Expenses & distributions
- Benefits paid
- $586,006
- Administrative expenses
- $130,534
- Total expenses
- $716,540
- Net increase / (decrease)
- $3,872,455
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
41%59%
Employer 41%Participant 59%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income13%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alera Investment Advisors | RIA | $46,278 | $0 | 2023 |
| John Hancock Life Insurance Company | RECORDKEEPER | $1,150 | $0 | 2023 |