Healthcare Management Solution LLC 401(K) Plan — Form 5500 plan (Healthcare Management Solution)
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, Healthcare Management Solution LLC 401(K) Plan is a benefit plan reported by Healthcare Management Solution under EIN 38-3657342 and plan number 001. The latest loaded filing year is 2023. The filing reports 254 participants and $15,331,289 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Healthcare Management Solution
- EIN
- 38-3657342
- Plan number
- 001
- Plan type
- 2
- Location
- Fairmont, WV
- Latest filing year
- 2023
- Participants
- 254
- End-of-year plan assets
- $15,331,289
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 254 | H, C | 20241013102111NAL0050328674001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,331,289
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,331,289
- Net assets (BOY)
- $12,529,184
Income & contributions
- Employer contributions
- $464,747
- Participant contributions
- $886,101
- Total contributions
- $1,443,504
- Total income / additions
- $3,955,103
Expenses & distributions
- Benefits paid
- $1,120,989
- Administrative expenses
- $32,009
- Total expenses
- $1,152,998
- Net increase / (decrease)
- $2,802,105
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Commonwealth Equity Services, Inc. | INVESTMENT/FINANCIAL ADVI | $17,611 | $0 | 2023 |
| Adp, Inc. | RECORD KEEPER | $14,398 | $0 | 2023 |