2023 Form 5500 filing — Marion County Medical Society, Inc. - Insurance Trust Fund Group Health, Ancillary And Worksite Benefits 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 20250430130007NAL0001175747001) for Marion County Medical Society, Inc. - Insurance Trust Fund Group Health, Ancillary And Worksite Benefits Plan, reported by Marion County Medical Society Inc. Insurance Trust Fund under EIN 84-4350072 and plan number 501. It reports 5,552 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 3 · 2023

Filing snapshot

Net assets (EOY)$3.7MReported net assets$3,691,595
Participants5.6K5,552
Provider compensation$57.8K3 Schedule C row(s)$57,799
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20250430130007NAL0001175747001
Plan sponsor
Marion County Medical Society Inc. Insurance Trust Fund
EIN
84-4350072
Plan number
501
Location
Ocala, FL
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)$7.1M total assets
Net assets$3.7MLiabilities$3.4M
Money in vs. money out
Total income / additions$40.2M
Total expenses$41.2M
Benefits paid / distributions$41.1M
Contributions
Employer$39.9M
ParticipantNot reported
Full reported line items
Total assets (EOY)
$7,066,403
Total liabilities (EOY)
$3,374,808
Net assets (EOY)
$3,691,595
Employer contributions
$39,941,130
Total income / additions
$40,246,614
Benefits paid
$41,075,849
Administrative expenses
$76,170
Total expenses
$41,152,019
Net increase / (decrease)
-$905,405

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Gallagher Benefit Services, Inc.CONTRACT ADMINISTRATOR$25,000not reported in the loaded dataset
Milliman IntelliscriptACTUARIAL$20,099not reported in the loaded dataset
Purvis, Gray And Company, LlpACCOUNTANT/AUDIT$12,700not reported in the loaded dataset

Related Form 5500 pages