Plan5500

Texas Orthopaedics & Sports Medicine Center Comparability Profit Sharing Plan — Form 5500 plan (Texas Orthopaedics & Sports Medicine, Llp)

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, Texas Orthopaedics & Sports Medicine Center Comparability Profit Sharing Plan is a benefit plan reported by Texas Orthopaedics & Sports Medicine, Llp under EIN 74-2139056 and plan number 001. The latest loaded filing year is 2023. The filing reports 57 participants and $6,689,247 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.7MPlan net assets, end of year$6,689,247
Participants57Covered participants reported
Assets / participant$117.4KComputed: assets ÷ participants$117,355 (computed)
Provider compensationNone reported
Plan sponsor
Texas Orthopaedics & Sports Medicine, Llp
EIN
74-2139056
Plan number
001
Plan type
2
Location
Tomball, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202357I20241014105630NAL0025982417001
Schedule I · 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)$6.7M total assets
Net assets$6.7MLiabilities$0
Money in vs. money out
Total income / additions$1.6M
Total expenses$722.3K
Benefits paid / distributions$721.3K
Contributions
Employer$160K
Participant$248.2K
Full reported line items

Net assets

Total assets (EOY)
$6,689,247
Total liabilities (EOY)
$0
Net assets (EOY)
$6,689,247
Net assets (BOY)
$5,823,042

Income & contributions

Employer contributions
$160,020
Participant contributions
$248,178
Total income / additions
$1,588,489

Expenses & distributions

Benefits paid
$721,314
Administrative expenses
$494
Total expenses
$722,284
Net increase / (decrease)
$866,205
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)
Employer 39%Participant 61%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income45%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages