Medical Data Systems, Inc. 401(K) Plan — Form 5500 plan (Medical Data System, 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, Medical Data Systems, Inc. 401(K) Plan is a benefit plan reported by Medical Data System, Inc. under EIN 59-2926242 and plan number 001. The latest loaded filing year is 2023. The filing reports 420 participants and $6,103,717 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Medical Data System, Inc.
EIN
59-2926242
Plan number
001
Plan type
2
Location
Vero Beach, FL
Latest filing year
2023
Participants
420
End-of-year plan assets
$6,103,717

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023420H, C20240801055336NAL0022628241001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,103,717
Total liabilities (EOY)
$0
Net assets (EOY)
$6,103,717
Net assets (BOY)
$4,942,427

Income & contributions

Employer contributions
$170,782
Participant contributions
$578,733
Total contributions
$749,515
Total income / additions
$1,670,634

Expenses & distributions

Benefits paid
$464,557
Administrative expenses
$40,744
Total expenses
$509,344
Net increase / (decrease)
$1,161,290

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$40,744$02023
Merrill Lynch Pierce Fenner & SmithINVESTMENT ADVISOR$0$22,5522023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages