Bayview Physician Services, P.C. 401k Profit Sharing Plan — Form 5500 plan (Bayview Physician Services , 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, Bayview Physician Services, P.C. 401k Profit Sharing Plan is a benefit plan reported by Bayview Physician Services , P.C. under EIN 54-1595397 and plan number 001. The latest loaded filing year is 2023. The filing reports 391 participants and $101,605,016 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Bayview Physician Services , P.C.
EIN
54-1595397
Plan number
001
Plan type
2
Location
Chesapeake, VA
Latest filing year
2023
Participants
391
End-of-year plan assets
$101,605,016

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023391H, C20240821111044NAL0001948195001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$101,605,016
Total liabilities (EOY)
$0
Net assets (EOY)
$101,605,016
Net assets (BOY)
$89,063,880

Income & contributions

Employer contributions
$1,811,316
Participant contributions
$3,966,799
Total contributions
$6,218,923
Total income / additions
$20,104,589

Expenses & distributions

Benefits paid
$7,561,832
Administrative expenses
$1,621
Total expenses
$7,563,453
Net increase / (decrease)
$12,541,136

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Cherry Bekaert LlpTPA$0$45,4522023
Empower Annuity Insurance CompanyRECORDKEEPER$1,646$02023

Related Form 5500 pages