Adfinitas Health 401(K) Retirement Plan — Form 5500 plan (Adfinitas Management, 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, Adfinitas Health 401(K) Retirement Plan is a benefit plan reported by Adfinitas Management, LLC under EIN 45-2540636 and plan number 001. The latest loaded filing year is 2023. The filing reports 562 participants and $40,434,910 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Adfinitas Management, LLC
EIN
45-2540636
Plan number
001
Plan type
3
Location
Hanover, MD
Latest filing year
2023
Participants
562
End-of-year plan assets
$40,434,910

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023562H, C20241004132343NAL0019686160001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$40,434,910
Total liabilities (EOY)
$0
Net assets (EOY)
$40,434,910
Net assets (BOY)
$33,226,515

Income & contributions

Employer contributions
$846,861
Participant contributions
$3,376,744
Total contributions
$4,437,458
Total income / additions
$10,609,505

Expenses & distributions

Benefits paid
$3,284,894
Administrative expenses
$116,216
Total expenses
$3,401,110
Net increase / (decrease)
$7,208,395

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Wealth ManagmentBROKER$54,680not reported in the loaded dataset2023
Alerus FinancialRECORDKEEPER$35,911not reported in the loaded dataset2023
Pollard & Associates, Inc.TPA$26,849not reported in the loaded dataset2023

Related Form 5500 pages