Olean Medical Practice Pllc Retirement Plan — Form 5500 plan (Olean Medical Practice 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, Olean Medical Practice Pllc Retirement Plan is a benefit plan reported by Olean Medical Practice Pllc under EIN 88-1324896 and plan number 002. The latest loaded filing year is 2023. The filing reports 256 participants and $31,632,958 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Olean Medical Practice Pllc
EIN
88-1324896
Plan number
002
Plan type
2
Location
Olean, NY
Latest filing year
2023
Participants
256
End-of-year plan assets
$31,632,958

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023256H, C20240729155104NAL0011207891001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$31,632,958
Total liabilities (EOY)
$0
Net assets (EOY)
$31,632,958
Net assets (BOY)
$30,342,145

Income & contributions

Employer contributions
$560,034
Participant contributions
$656,618
Total contributions
$1,216,652
Total income / additions
$5,947,392

Expenses & distributions

Benefits paid
$4,524,265
Administrative expenses
$132,314
Total expenses
$4,656,579
Net increase / (decrease)
$1,290,813

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Voya Retirement Insurance & AnnuitySERVICE PROVIDER$132,315$02023
Lincoln Financial Advisors CorporatSERVICE PROVIDER$24,764not reported in the loaded dataset2023
Phillips Lytle LlpSERVICE PROVIDER$14,111not reported in the loaded dataset2023
Freed Maxick Cpas PcSERVICE PROVIDER$13,650not reported in the loaded dataset2023

Related Form 5500 pages