2023 Form 5500 filing — Physicians Network Medical Group 401(K) 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 20240916170822NAL0001198947001) for Physicians Network Medical Group 401(K) Plan, reported by Physicians Network Medical Group, Inc. under EIN 45-3776074 and plan number 001. It reports 685 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240916170822NAL0001198947001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Physicians Network Medical Group, Inc.
- EIN
- 45-3776074
- Plan number
- 001
- Location
- Roseville, CA
- Participants
- 685
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $83,779,847
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $83,779,847
- Employer contributions
- $3,967,457
- Participant contributions
- $7,871,414
- Total income / additions
- $27,804,910
- Benefits paid
- $7,089,944
- Administrative expenses
- $153,908
- Total expenses
- $7,243,852
- Net increase / (decrease)
- $20,561,058
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $153,628 | $0 |
| Pensionmark Financial Group, LLC | INVESTMENT ADVISORY | $0 | $77,969 |