Mhbd 401(K) Retirement Plan — Form 5500 plan (Medici Technologies, 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, Mhbd 401(K) Retirement Plan is a benefit plan reported by Medici Technologies, LLC under EIN 81-1053040 and plan number 001. The latest loaded filing year is 2023. The filing reports 231 participants and $5,320,951 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$5.3MPlan net assets, end of year$5,271,845
Participants231Covered participants reported
Assets / participant$23KComputed: assets ÷ participants$23,034 (computed)
Provider compensation$19.7K3 Schedule C provider row(s)$19,653
- Plan sponsor
- Medici Technologies, LLC
- EIN
- 81-1053040
- Plan number
- 001
- Plan type
- 2
- Location
- Austin, TX
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 231 | H, C | 20250130154027NAL0000645987001 |
Schedule H · 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)$5.3M total assets
Net assets$5.3MLiabilities$49.1K
Full reported line items
Net assets
- Total assets (EOY)
- $5,320,951
- Total liabilities (EOY)
- $49,106
- Net assets (EOY)
- $5,271,845
- Net assets (BOY)
- $3,855,452
Income & contributions
- Employer contributions
- $129,275
- Participant contributions
- $759,962
- Total contributions
- $1,025,272
- Total income / additions
- $1,664,572
Expenses & distributions
- Benefits paid
- $164,805
- Administrative expenses
- $36,203
- Total expenses
- $248,179
- Net increase / (decrease)
- $1,416,393
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.
15%85%
Employer 15%Participant 85%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income10%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alera Investment Advisors | RIA | $17,792 | not reported in the loaded dataset | 2023 |
| John Hancock Usa | RECORDKEEPER | $971 | not reported in the loaded dataset | 2023 |
| Wilshire Associates Inc (Usa) | RIA | $890 | not reported in the loaded dataset | 2023 |