Carelon Peo 401(K) Plan — Form 5500 plan (Caremore Medical Group Of Tennessee, P.C.)

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, Carelon Peo 401(K) Plan is a benefit plan reported by Caremore Medical Group Of Tennessee, P.C. under EIN 47-1878423 and plan number 001. The latest loaded filing year is 2023. The filing reports 794 participants and $70,085,934 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$70.1MPlan net assets, end of year$70,085,934
Participants794Covered participants reported
Assets / participant$88.3KComputed: assets ÷ participants$88,269 (computed)
Provider compensation$51.3K3 Schedule C provider row(s)$51,279
Plan sponsor
Caremore Medical Group Of Tennessee, P.C.
EIN
47-1878423
Plan number
001
Plan type
2
Location
Indianapolis, IN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023794H, C20241004134400NAL0019724896001
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)$70.1M total assets
Net assets$70.1MLiabilities$0
Money in vs. money out
Total income / additions$22.3M
Total expenses$7.8M
Benefits paid / distributions$7.7M
Contributions
Employer$3.8M
Participant$6.9M
Full reported line items

Net assets

Total assets (EOY)
$70,085,934
Total liabilities (EOY)
$0
Net assets (EOY)
$70,085,934
Net assets (BOY)
$56,819,638

Income & contributions

Employer contributions
$3,751,754
Participant contributions
$6,854,158
Total contributions
$11,500,538
Total income / additions
$22,260,228

Expenses & distributions

Benefits paid
$7,737,781
Administrative expenses
$52,779
Total expenses
$7,790,560
Net increase / (decrease)
$14,469,668
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 35%Participant 65%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income35%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$24,276not reported in the loaded dataset2023
Crowe, LlpACCOUNTANT\AUDITOR$17,150not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$9,853$02023

Related Form 5500 pages