2023 Form 5500 filing — Raleigh Medical Group, P.A. 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 20241016121146NAL0030557537001) for Raleigh Medical Group, P.A. 401(K) Profit Sharing Plan, reported by Raleigh Medical Group, P.A. under EIN 56-1166754 and plan number 001. It reports 309 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)$32MReported net assets$32,029,196
Participants309
Provider compensation$53.6K2 Schedule C row(s)$53,625
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241016121146NAL0030557537001
- Plan sponsor
- Raleigh Medical Group, P.A.
- EIN
- 56-1166754
- Plan number
- 001
- Location
- Raleigh, NC
- 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)$32M total assets
Net assets$32MLiabilities$0
Full reported line items
- Total assets (EOY)
- $32,029,196
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $32,029,196
- Employer contributions
- $770,298
- Participant contributions
- $1,447,358
- Total income / additions
- $6,054,251
- Benefits paid
- $1,772,162
- Administrative expenses
- $58,501
- Total expenses
- $1,830,663
- Net increase / (decrease)
- $4,223,588
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Millennium Investment & Retirement | NONE | $37,500 | not reported in the loaded dataset |
| Capital Investment Advisory Service | NONE | $16,125 | not reported in the loaded dataset |