Who sponsors the Raleigh Medical Group, P.A. 401(K) Profit Sharing Plan?

Raleigh Medical Group, P.A. 401(K) Profit Sharing Plan is reported as sponsored by Raleigh Medical Group, P.A. (EIN 56-1166754, plan number 001) in public Form 5500 filings.

What is the most recent Form 5500 filing year for Raleigh Medical Group, P.A. 401(K) Profit Sharing Plan?

The latest Form 5500 filing year loaded for Raleigh Medical Group, P.A. 401(K) Profit Sharing Plan is 2023.

How many participants does Raleigh Medical Group, P.A. 401(K) Profit Sharing Plan report?

Raleigh Medical Group, P.A. 401(K) Profit Sharing Plan reports 309 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for Raleigh Medical Group, P.A. 401(K) Profit Sharing Plan?

Raleigh Medical Group, P.A. 401(K) Profit Sharing Plan reports $32,029,196 in end-of-year plan assets in its latest loaded Form 5500 filing.

Raleigh Medical Group, P.A. 401(K) Profit Sharing Plan — Form 5500 plan (Raleigh Medical Group, P.A.)

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, Raleigh Medical Group, P.A. 401(K) Profit Sharing Plan is a benefit plan reported by Raleigh Medical Group, P.A. under EIN 56-1166754 and plan number 001. The latest loaded filing year is 2023. The filing reports 309 participants and $32,029,196 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$32MPlan net assets, end of year$32,029,196

Participants309Covered participants reported

Assets / participant$103.7KComputed: assets ÷ participants$103,654 (computed)

Provider compensation$53.6K2 Schedule C provider row(s)$53,625

Plan sponsor: Raleigh Medical Group, P.A.
EIN: 56-1166754
Plan number: 001
Plan type: 2
Location: Raleigh, NC
Latest filing year: 2023

Form 5500 filing history

Filings loaded for this plan
Filing year	Participants	Schedules	Filing
2023	309	H, C	20241016121146NAL0030557537001

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)$32M total assets

Net assets$32MLiabilities$0

Money in vs. money out

Total income / additions$6.1M

Total expenses$1.8M

Benefits paid / distributions$1.8M

Contributions

Employer$770.3K

Participant$1.4M

Full reported line items

Net assets

Total assets (EOY): $32,029,196
Total liabilities (EOY): $0
Net assets (EOY): $32,029,196
Net assets (BOY): $27,805,608

Income & contributions

Employer contributions: $770,298
Participant contributions: $1,447,358
Total contributions: $2,291,834
Total income / additions: $6,054,251

Expenses & distributions

Benefits paid: $1,772,162
Administrative expenses: $58,501
Total expenses: $1,830,663
Net increase / (decrease): $4,223,588

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.

Contribution share (employer vs. participant)

35%65%

Employer 35%Participant 65%

Total expenses ÷ net assets6%Computed ratio

Benefits paid ÷ total income29%Computed ratio

Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
Millennium Investment & Retirement	NONE	$37,500	not reported in the loaded dataset	2023
Capital Investment Advisory Service	NONE	$16,125	not reported in the loaded dataset	2023