2023 Form 5500 filing — Cornerstone Medical Group 401(K) Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240910133102NAL0005700449001) for Cornerstone Medical Group 401(K) Savings Plan, reported by Cornerstone Medical Holdings Plc under EIN 47-4004239 and plan number 001. It reports 384 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240910133102NAL0005700449001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Cornerstone Medical Holdings Plc
- EIN
- 47-4004239
- Plan number
- 001
- Location
- Clinton Township, MI
- Participants
- 384
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $36,928,136
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $36,928,136
- Employer contributions
- $1,693,686
- Participant contributions
- $2,297,070
- Total income / additions
- $8,269,008
- Benefits paid
- $2,058,390
- Administrative expenses
- $30,412
- Total expenses
- $2,088,802
- Net increase / (decrease)
- $6,180,206
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Dkss | CONSULTANT | $23,000 | not reported in the loaded dataset |
| Merrill Lynch, Pierce, Fenner And S | RECORDKEEPER | $7,376 | $0 |