Palms Medical Group 401k Plan — Form 5500 plan (Trenton 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, Palms Medical Group 401k Plan is a benefit plan reported by Trenton Medical Center Inc. under EIN 59-2871302 and plan number 001. The latest loaded filing year is 2023. The filing reports 352 participants and $13,002,467 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Trenton Medical Center Inc.
- EIN
- 59-2871302
- Plan number
- 001
- Plan type
- 2
- Location
- High Springs, FL
- Latest filing year
- 2023
- Participants
- 352
- End-of-year plan assets
- $13,002,467
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 352 | H, C | 20250312144002NAL0011817187001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,002,467
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,002,467
- Net assets (BOY)
- $9,821,972
Income & contributions
- Employer contributions
- $811,903
- Participant contributions
- $1,176,251
- Total contributions
- $2,038,501
- Total income / additions
- $3,843,524
Expenses & distributions
- Benefits paid
- $630,996
- Administrative expenses
- $32,033
- Total expenses
- $663,029
- Net increase / (decrease)
- $3,180,495
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Raymond James Fncl Srvs | NONE | $28,742 | not reported in the loaded dataset | 2023 |
| American United Life Insurance Co | NONE | $3,740 | $23,827 | 2023 |