Providence Medical Group, Inc. Retirement Plan — Form 5500 plan (Providence Medical Group, 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, Providence Medical Group, Inc. Retirement Plan is a benefit plan reported by Providence Medical Group, Inc. under EIN 42-1534506 and plan number 001. The latest loaded filing year is 2023. The filing reports 218 participants and $15,943,806 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$15.9MPlan net assets, end of year$15,943,806
Participants218Covered participants reported
Assets / participant$73.1KComputed: assets ÷ participants$73,137 (computed)
Provider compensation$62.6K4 Schedule C provider row(s)$62,573
Plan sponsor
Providence Medical Group, Inc.
EIN
42-1534506
Plan number
001
Plan type
2
Location
Dayton, OH
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023218H, C20241015134919NAL0029845617001
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)$15.9M total assets
Net assets$15.9MLiabilities$0
Money in vs. money out
Total income / additions$2.8M
Total expenses$2.9M
Benefits paid / distributions$2.8M
Contributions
Employer$257K
Participant$516.2K
Full reported line items

Net assets

Total assets (EOY)
$15,943,806
Total liabilities (EOY)
$0
Net assets (EOY)
$15,943,806
Net assets (BOY)
$16,012,663

Income & contributions

Employer contributions
$257,007
Participant contributions
$516,238
Total contributions
$773,245
Total income / additions
$2,839,191

Expenses & distributions

Benefits paid
$2,842,611
Administrative expenses
$61,270
Total expenses
$2,908,048
Net increase / (decrease)
-$68,857
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 33%Participant 67%
Total expenses ÷ net assets18%Computed ratio
Benefits paid ÷ total income100%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Morgan Stanley Smith Barney LLCADVISOR$38,465not reported in the loaded dataset2023
Empower Annuity Insurance CompanyRECORDKEEPER$15,365$02023
Pension Corporation Of AmericaNONE$8,342not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$401not reported in the loaded dataset2023

Related Form 5500 pages