Reliable Medical Supply, LLC 401(K) Profit Sharing Plan — Form 5500 plan (Reliable Medical Supply, 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, Reliable Medical Supply, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Reliable Medical Supply, LLC under EIN 41-1631370 and plan number 001. The latest loaded filing year is 2023. The filing reports 451 participants and $15,758,070 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$15.8MPlan net assets, end of year$15,758,070
Participants451Covered participants reported
Assets / participant$34.9KComputed: assets ÷ participants$34,940 (computed)
Provider compensation$21.9K2 Schedule C provider row(s)$21,893
Plan sponsor
Reliable Medical Supply, LLC
EIN
41-1631370
Plan number
001
Plan type
2
Location
Franklin, TN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023451H, C20241125112306NAL0004627249001
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)$15.8M total assets
Net assets$15.8MLiabilities$0
Money in vs. money out
Total income / additions$5M
Total expenses$1.3M
Benefits paid / distributions$1.2M
Contributions
Employer$585.3K
Participant$1.3M
Full reported line items

Net assets

Total assets (EOY)
$15,758,070
Total liabilities (EOY)
$0
Net assets (EOY)
$15,758,070
Net assets (BOY)
$5,652,364

Income & contributions

Employer contributions
$585,285
Participant contributions
$1,323,227
Total contributions
$2,378,265
Total income / additions
$4,984,199

Expenses & distributions

Benefits paid
$1,245,191
Administrative expenses
$28,812
Total expenses
$1,274,003
Net increase / (decrease)
$3,710,196
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.

Contribution share (employer vs. participant)
Employer 31%Participant 69%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income25%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Transamerica Retirement SolutionsRECORDKEEPER$19,919$02023
Trinity Pension Consultants, IncRECORDKEEPER$1,530$4442023

Related Form 5500 pages