Summit Medical Group, Pllc 401(K) Profit Sharing Plan — Form 5500 plan (Summit Medical Group, Pllc)
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, Summit Medical Group, Pllc 401(K) Profit Sharing Plan is a benefit plan reported by Summit Medical Group, Pllc under EIN 62-1585063 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,803 participants and $293,472,605 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Summit Medical Group, Pllc
- EIN
- 62-1585063
- Plan number
- 001
- Plan type
- 2
- Location
- Knoxville, TN
- Latest filing year
- 2023
- Participants
- 1,803
- End-of-year plan assets
- $293,472,605
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,803 | H, C | 20241014144537NAL0026450433001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $293,472,605
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $293,472,605
- Net assets (BOY)
- $245,968,375
Income & contributions
- Employer contributions
- $12,900,457
- Participant contributions
- $7,896,663
- Total contributions
- $26,848,786
- Total income / additions
- $68,664,623
Expenses & distributions
- Benefits paid
- $20,740,259
- Administrative expenses
- $420,134
- Total expenses
- $21,160,393
- Net increase / (decrease)
- $47,504,230
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Schwab Retirement Plan Services, In | NONE | $157,842 | $0 | 2023 |
| First Horizon Advisors | NONE | $120,424 | not reported in the loaded dataset | 2023 |
| Portfolio Audit LLC Private Wealth | NONE | $51,537 | not reported in the loaded dataset | 2023 |
| Ftb Advisors Inc | NONE | $36,579 | not reported in the loaded dataset | 2023 |
| Usi Advisors Inc | NONE | $30,000 | not reported in the loaded dataset | 2023 |
| Asset Planning Corporation | NONE | $27,388 | not reported in the loaded dataset | 2023 |
| Acuff & Associates Inc | NONE | $23,215 | not reported in the loaded dataset | 2023 |
| Leading Edge | NONE | $20,780 | not reported in the loaded dataset | 2023 |
| Proffitt & Goodson Inc | NONE | $15,258 | not reported in the loaded dataset | 2023 |
| Moon Capital Management LLC | NONE | $14,624 | not reported in the loaded dataset | 2023 |
| Nbz Investment Advisors, LLC | NONE | $13,756 | not reported in the loaded dataset | 2023 |
| Patriot Investment Management | NONE | $10,062 | not reported in the loaded dataset | 2023 |
| The Nalls Sherbakoff Group LLC | NONE | $6,259 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Summit Medical Group, Pllc
- 2023 Form 5500 filing
- Form 5500 filings in TN
- 401(k) and benefit plan filings in Knoxville, TN
- Schwab Retirement Plan Services, In — Schedule C compensation
- First Horizon Advisors — Schedule C compensation
- Portfolio Audit LLC Private Wealth — Schedule C compensation
- Ftb Advisors Inc — Schedule C compensation
- Usi Advisors Inc — Schedule C compensation
- Asset Planning Corporation — Schedule C compensation
- Acuff & Associates Inc — Schedule C compensation
- Leading Edge — Schedule C compensation
- Proffitt & Goodson Inc — Schedule C compensation
- Moon Capital Management LLC — Schedule C compensation
- Nbz Investment Advisors, LLC — Schedule C compensation
- Patriot Investment Management — Schedule C compensation
- The Nalls Sherbakoff Group LLC — Schedule C compensation