Cornerstone Medical Group 401(K) Savings Plan — Form 5500 plan (Cornerstone Medical Holdings Plc)
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, Cornerstone Medical Group 401(K) Savings Plan is a benefit plan reported by Cornerstone Medical Holdings Plc under EIN 47-4004239 and plan number 001. The latest loaded filing year is 2023. The filing reports 384 participants and $36,928,136 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Cornerstone Medical Holdings Plc
- EIN
- 47-4004239
- Plan number
- 001
- Plan type
- 2
- Location
- Clinton Township, MI
- Latest filing year
- 2023
- Participants
- 384
- End-of-year plan assets
- $36,928,136
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 384 | H, C | 20240910133102NAL0005700449001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $36,928,136
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $36,928,136
- Net assets (BOY)
- $30,747,930
Income & contributions
- Employer contributions
- $1,693,686
- Participant contributions
- $2,297,070
- Total contributions
- $4,157,019
- Total income / additions
- $8,269,008
Expenses & distributions
- Benefits paid
- $2,058,390
- Administrative expenses
- $30,412
- Total expenses
- $2,088,802
- Net increase / (decrease)
- $6,180,206
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Dkss | CONSULTANT | $23,000 | not reported in the loaded dataset | 2023 |
| Merrill Lynch, Pierce, Fenner And S | RECORDKEEPER | $7,376 | $0 | 2023 |