Quick Med Claims, LLC 401(K) Profit Sharing Plan — Form 5500 plan (Quick Med Claims, 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, Quick Med Claims, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Quick Med Claims, LLC under EIN 47-2662918 and plan number 001. The latest loaded filing year is 2023. The filing reports 403 participants and $9,649,145 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$9.6MPlan net assets, end of year$9,649,145
Participants403Covered participants reported
Assets / participant$23.9KComputed: assets ÷ participants$23,943 (computed)
Provider compensation$80.9K5 Schedule C provider row(s)$80,901
- Plan sponsor
- Quick Med Claims, LLC
- EIN
- 47-2662918
- Plan number
- 001
- Plan type
- 2
- Location
- Pittsburgh, PA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 403 | H, C | 20240930141924NAL0002675555001 |
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)$9.6M total assets
Net assets$9.6MLiabilities—
Full reported line items
Net assets
- Total assets (EOY)
- $9,649,145
- Net assets (EOY)
- $9,649,145
- Net assets (BOY)
- $8,137,998
Income & contributions
- Employer contributions
- $355,577
- Participant contributions
- $707,777
- Total contributions
- $1,118,123
- Total income / additions
- $2,599,601
Expenses & distributions
- Benefits paid
- $973,695
- Administrative expenses
- $112,259
- Total expenses
- $1,088,454
- Net increase / (decrease)
- $1,511,147
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.
33%67%
Employer 33%Participant 67%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income37%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Definiti LLC | CONTRACT ADMIN | $27,406 | $0 | 2023 |
| Global Retirement Partners LLC | INVESTMENT ADVISOR | $25,398 | $0 | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $15,776 | $0 | 2023 |
| Ruzomberka Holland Renk Smith Inc | AUDITOR | $9,969 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $2,352 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Quick Med Claims, LLC
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Pittsburgh, PA
- Definiti LLC — Schedule C compensation
- Global Retirement Partners LLC — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation
- Ruzomberka Holland Renk Smith Inc — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation