Physician Healthcare Network, P.C. 401(K) Profit Sharing Plan — Form 5500 plan (Physician Healthcare Network, P.C.)
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, Physician Healthcare Network, P.C. 401(K) Profit Sharing Plan is a benefit plan reported by Physician Healthcare Network, P.C. under EIN 38-3175658 and plan number 001. The latest loaded filing year is 2023. The filing reports 265 participants and $18,848,805 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Physician Healthcare Network, P.C.
- EIN
- 38-3175658
- Plan number
- 001
- Plan type
- 2
- Location
- Fort Gratiot, MI
- Latest filing year
- 2023
- Participants
- 265
- End-of-year plan assets
- $18,848,805
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 265 | H, C | 20241031131307NAL0001478723001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,848,805
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,848,805
- Net assets (BOY)
- $16,369,346
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $530,453
- Total contributions
- $543,434
- Total income / additions
- $3,938,551
Expenses & distributions
- Benefits paid
- $1,330,428
- Administrative expenses
- $118,035
- Total expenses
- $1,459,092
- Net increase / (decrease)
- $2,479,459
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Hantz Financial Services | NONE | $115,228 | not reported in the loaded dataset | 2023 |
| Epic Retirement Plan Services | NONE | $2,807 | $0 | 2023 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Physician Healthcare Network, P.C.
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Fort Gratiot, MI
- Hantz Financial Services — Schedule C compensation
- Epic Retirement Plan Services — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation