Independent Emergency Physicians, P.C. 401(K) Profit Sharing Plan — Form 5500 plan (Independent Emergency Physicians,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, Independent Emergency Physicians, P.C. 401(K) Profit Sharing Plan is a benefit plan reported by Independent Emergency Physicians,P.C. under EIN 38-3345124 and plan number 001. The latest loaded filing year is 2023. The filing reports 349 participants and $100,132,329 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Independent Emergency Physicians,P.C.
EIN
38-3345124
Plan number
001
Plan type
2
Location
Farmington Hills, MI
Latest filing year
2023
Participants
349
End-of-year plan assets
$100,132,329

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023349H, C20241223085205NAL0005811555001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$100,132,329
Total liabilities (EOY)
$0
Net assets (EOY)
$100,132,329
Net assets (BOY)
$81,349,207

Income & contributions

Employer contributions
$5,627,983
Participant contributions
$1,318,826
Total contributions
$7,082,605
Total income / additions
$21,774,718

Expenses & distributions

Benefits paid
$2,904,399
Administrative expenses
$86,168
Total expenses
$2,991,596
Net increase / (decrease)
$18,783,122

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Life & Annuity InsuranceRECORDKEEPER$69,713$02023
Empower Advisory Group, LLCINVESTMENT MGMT$21,333not reported in the loaded dataset2023
The Benefit Advantage IncCONTRACT ADMIN$1,665$10,0002023

Related Form 5500 pages