The Medical Team, Inc. Employee Benefit Plan — Form 5500 plan (The Medical Team, 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, The Medical Team, Inc. Employee Benefit Plan is a benefit plan reported by The Medical Team, Inc. under EIN 54-1087014 and plan number 003. The latest loaded filing year is 2023. The filing reports 2,540 participants and $6,842,191 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Medical Team, Inc.
- EIN
- 54-1087014
- Plan number
- 003
- Plan type
- 2
- Location
- Reston, VA
- Latest filing year
- 2023
- Participants
- 2,540
- End-of-year plan assets
- $6,842,191
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,540 | H, C | 20241011103859NAL0036682224001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,842,191
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,842,191
- Net assets (BOY)
- $6,069,528
Income & contributions
- Employer contributions
- $180,069
- Participant contributions
- $757,286
- Total contributions
- $1,043,485
- Total income / additions
- $1,946,065
Expenses & distributions
- Benefits paid
- $1,103,969
- Administrative expenses
- $68,527
- Total expenses
- $1,173,402
- Net increase / (decrease)
- $772,663
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $57,467 | $0 | 2023 |
| Lpl Financial Corp | OTHER SERVICES | $0 | $11,423 | 2023 |
| Orenda Retirement LLC | CONTRACT ADMINISTRATOR | $5,160 | $5,426 | 2023 |
| Pragermetis Cpa LLC | ACCOUNTANT | $5,900 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Medical Team, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Reston, VA
- Principal Life Insurance Company — Schedule C compensation
- Lpl Financial Corp — Schedule C compensation
- Orenda Retirement LLC — Schedule C compensation
- Pragermetis Cpa LLC — Schedule C compensation