Modern Health 401(K) Plan — Form 5500 plan (Modern Life 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, Modern Health 401(K) Plan is a benefit plan reported by Modern Life Inc. under EIN 36-4883813 and plan number 001. The latest loaded filing year is 2023. The filing reports 449 participants and $15,304,488 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Modern Life Inc.
- EIN
- 36-4883813
- Plan number
- 001
- Plan type
- 2
- Location
- San Francisco, CA
- Latest filing year
- 2023
- Participants
- 449
- End-of-year plan assets
- $15,304,488
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 449 | H, C | 20240925113236NAL0019693888001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,304,488
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,304,488
- Net assets (BOY)
- $11,032,387
Income & contributions
- Employer contributions
- $836
- Participant contributions
- $3,576,668
- Total contributions
- $4,109,775
- Total income / additions
- $6,353,636
Expenses & distributions
- Benefits paid
- $2,017,412
- Administrative expenses
- $63,450
- Total expenses
- $2,081,535
- Net increase / (decrease)
- $4,272,101
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Human Interest Advisor LLC | RECORDKEEPER | $63,451 | not reported in the loaded dataset | 2023 |