Medcost 401(K) Plan — Form 5500 plan (Medcost, LLC)

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, Medcost 401(K) Plan is a benefit plan reported by Medcost, LLC under EIN 56-1999192 and plan number 333. The latest loaded filing year is 2023. The filing reports 581 participants and $34,906,412 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Medcost, LLC
EIN
56-1999192
Plan number
333
Plan type
2
Location
Winston-Salem, NC
Latest filing year
2023
Participants
581
End-of-year plan assets
$34,906,412

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023581H, C20240731153825NAL0047297618001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$34,906,412
Total liabilities (EOY)
$0
Net assets (EOY)
$34,906,412
Net assets (BOY)
$29,651,021

Income & contributions

Employer contributions
$895,496
Participant contributions
$2,878,759
Total contributions
$4,204,445
Total income / additions
$9,172,023

Expenses & distributions

Benefits paid
$3,806,029
Administrative expenses
$110,522
Total expenses
$3,916,632
Net increase / (decrease)
$5,255,391

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$110,522$02023
Mma Securities LLCINVESTMENT ADVISORY$58,110$29,0182023
Lpl Financial LLC - RpcpINVESTMENT ADVISORY$0$27,8422023

Related Form 5500 pages