2023 Form 5500 filing — Summit Medical Group, Pllc 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 20241014144537NAL0026450433001) for Summit Medical Group, Pllc 401(K) Profit Sharing Plan, reported by Summit Medical Group, Pllc under EIN 62-1585063 and plan number 001. It reports 1,803 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014144537NAL0026450433001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Summit Medical Group, Pllc
- EIN
- 62-1585063
- Plan number
- 001
- Location
- Knoxville, TN
- Participants
- 1,803
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $293,472,605
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $293,472,605
- Employer contributions
- $12,900,457
- Participant contributions
- $7,896,663
- Total income / additions
- $68,664,623
- Benefits paid
- $20,740,259
- Administrative expenses
- $420,134
- Total expenses
- $21,160,393
- Net increase / (decrease)
- $47,504,230
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Schwab Retirement Plan Services, In | NONE | $157,842 | $0 |
| First Horizon Advisors | NONE | $120,424 | not reported in the loaded dataset |
| Portfolio Audit LLC Private Wealth | NONE | $51,537 | not reported in the loaded dataset |
| Ftb Advisors Inc | NONE | $36,579 | not reported in the loaded dataset |
| Usi Advisors Inc | NONE | $30,000 | not reported in the loaded dataset |
| Asset Planning Corporation | NONE | $27,388 | not reported in the loaded dataset |
| Acuff & Associates Inc | NONE | $23,215 | not reported in the loaded dataset |
| Leading Edge | NONE | $20,780 | not reported in the loaded dataset |
| Proffitt & Goodson Inc | NONE | $15,258 | not reported in the loaded dataset |
| Moon Capital Management LLC | NONE | $14,624 | not reported in the loaded dataset |
| Nbz Investment Advisors, LLC | NONE | $13,756 | not reported in the loaded dataset |
| Patriot Investment Management | NONE | $10,062 | not reported in the loaded dataset |
| The Nalls Sherbakoff Group LLC | NONE | $6,259 | not reported in the loaded dataset |