2023 Form 5500 filing — Shields Health Care Group 401(K) Profit Sharing 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 20241014124343NAL0053558066001) for Shields Health Care Group 401(K) Profit Sharing Plan, reported by Shields Health Care Group, Inc. under EIN 04-2974694 and plan number 001. It reports 1,336 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014124343NAL0053558066001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Shields Health Care Group, Inc.
- EIN
- 04-2974694
- Plan number
- 001
- Location
- Quincy, MA
- Participants
- 1,336
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $88,242,706
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $88,242,706
- Employer contributions
- $1,280,933
- Participant contributions
- $5,878,803
- Total income / additions
- $22,053,399
- Benefits paid
- $8,821,673
- Administrative expenses
- $154,018
- Total expenses
- $8,983,900
- Net increase / (decrease)
- $13,069,499
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $104,018 | $0 |
| Kestra Investment Services LLC | ADVISOR | $50,000 | not reported in the loaded dataset |