2023 Form 5500 filing — Silicon Valley Medical Development, 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 20241015122121NAL0028397665001) for Silicon Valley Medical Development, LLC 401(K) Plan, reported by Silicon Valley Medical Development, LLC under EIN 26-3021328 and plan number 001. It reports 430 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)$5.3MReported net assets$5,253,359
Participants430
Provider compensation$79K3 Schedule C row(s)$79,011
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015122121NAL0028397665001
- Plan sponsor
- Silicon Valley Medical Development, LLC
- EIN
- 26-3021328
- Plan number
- 001
- Location
- Los Gatos, CA
- 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)$5.3M total assets
Net assets$5.3MLiabilities$31.8K
Full reported line items
- Total assets (EOY)
- $5,285,190
- Total liabilities (EOY)
- $31,831
- Net assets (EOY)
- $5,253,359
- Employer contributions
- $280,962
- Participant contributions
- $739,423
- Total income / additions
- $2,097,759
- Benefits paid
- $488,315
- Administrative expenses
- $79,411
- Total expenses
- $567,726
- Net increase / (decrease)
- $1,530,033
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Pcs Retirement, LLC | RECORDKEEPER | $30,065 | not reported in the loaded dataset |
| Pensionone Advisors, Inc. | TPA | $28,636 | not reported in the loaded dataset |
| Capital Performance Advisors, Llp | INVESTMENT MANAGER | $20,310 | not reported in the loaded dataset |