Meritus Health 401(K) Savings Plan — Form 5500 plan (Meritus Medical Center, Inc.)
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, Meritus Health 401(K) Savings Plan is a benefit plan reported by Meritus Medical Center, Inc. under EIN 52-0607949 and plan number 003. The latest loaded filing year is 2023. The filing reports 4,476 participants and $339,329,221 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Meritus Medical Center, Inc.
- EIN
- 52-0607949
- Plan number
- 003
- Plan type
- 2
- Location
- Hagerstown, MD
- Latest filing year
- 2023
- Participants
- 4,476
- End-of-year plan assets
- $339,329,221
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4,476 | H, C | 20241003094655NAL0020216082001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $339,329,221
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $339,329,221
- Net assets (BOY)
- $293,817,340
Income & contributions
- Employer contributions
- $8,278,139
- Participant contributions
- $15,807,638
- Total contributions
- $27,149,388
- Total income / additions
- $77,658,956
Expenses & distributions
- Benefits paid
- $31,517,661
- Administrative expenses
- $483,294
- Total expenses
- $32,147,075
- Net increase / (decrease)
- $45,511,881
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | NONE | $397,827 | $0 | 2023 |
| Capfinancial Partners LLC Dba Captr | NONE | $60,000 | not reported in the loaded dataset | 2023 |
| Wealth Enhancement Advisory Service | NONE | $25,467 | not reported in the loaded dataset | 2023 |
| Empower Financial Services, Inc. | NONE | $255 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Meritus Medical Center, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in Hagerstown, MD
- Empower Annuity Insurance Company — Schedule C compensation
- Capfinancial Partners LLC Dba Captr — Schedule C compensation
- Wealth Enhancement Advisory Service — Schedule C compensation
- Empower Financial Services, Inc. — Schedule C compensation