2023 Form 5500 filing — Midcap Financial Services, LLC 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 20241009093041NAL0032313376001) for Midcap Financial Services, LLC 401(K) Plan, reported by Midcap Financial Services, LLC under EIN 26-3242056 and plan number 001. It reports 312 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$50.4MReported net assets$50,399,079
Participants312
Provider compensation$67.1K2 Schedule C row(s)$67,115
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241009093041NAL0032313376001
- Plan sponsor
- Midcap Financial Services, LLC
- EIN
- 26-3242056
- Plan number
- 001
- Location
- Bethesda, MD
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$50.4M total assets
Net assets$50.4MLiabilities$0
Full reported line items
- Total assets (EOY)
- $50,399,079
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $50,399,079
- Employer contributions
- $1,904,204
- Participant contributions
- $4,605,342
- Total income / additions
- $14,635,677
- Benefits paid
- $830,996
- Administrative expenses
- $67,116
- Total expenses
- $898,721
- Net increase / (decrease)
- $13,736,956
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $41,710 | $0 |
| Securities America Advisors, Inc. | INVESTMENT/FINANCIAL ADVI | $25,405 | $0 |