2023 Form 5500 filing — Medisys Health Network, Inc. 403(B) 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 20241015111548NAL0029370257001) for Medisys Health Network, Inc. 403(B) Plan, reported by Medisys Health Network, Inc. under EIN 11-3316802 and plan number 002. It reports 7,146 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015111548NAL0029370257001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Medisys Health Network, Inc.
- EIN
- 11-3316802
- Plan number
- 002
- Location
- Jamaica, NY
- Participants
- 7,146
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $345,559,783
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $345,559,783
- Employer contributions
- $3,135,460
- Participant contributions
- $20,574,408
- Total income / additions
- $66,957,118
- Benefits paid
- $19,245,081
- Administrative expenses
- $780,939
- Total expenses
- $20,026,020
- Net increase / (decrease)
- $46,931,098
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Royal Alliance Associates, Inc. | ADVISOR | $453,591 | not reported in the loaded dataset |
| Newport Group, Inc. | RECORDKEEPER | $258,760 | $0 |
| Newport Trust Company | TRUSTEE | $68,556 | $0 |