Umass Memorial Shields Pharmacy, LLC 401(K) Profit Sharing Plan — Form 5500 plan (Umass Memorial Shields Pharmacy 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, Umass Memorial Shields Pharmacy, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Umass Memorial Shields Pharmacy LLC under EIN 45-3841517 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,020 participants and $62,433,238 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Umass Memorial Shields Pharmacy LLC
EIN
45-3841517
Plan number
001
Plan type
2
Location
Stoughton, MA
Latest filing year
2023
Participants
2,020
End-of-year plan assets
$62,433,238

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,020H, C20240717090701NAL0006862400001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$62,433,238
Total liabilities (EOY)
$128,657
Net assets (EOY)
$62,304,581
Net assets (BOY)
$40,020,841

Income & contributions

Employer contributions
$4,826,691
Participant contributions
$11,510,079
Total contributions
$17,893,005
Total income / additions
$27,015,099

Expenses & distributions

Benefits paid
$4,560,708
Administrative expenses
$170,651
Total expenses
$4,731,359
Net increase / (decrease)
$22,283,740

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Alerus Financial, N.A.RECORDKEEPER$170,651$02023

Related Form 5500 pages