The Massachusetts Medical Society Savings And Investment Plan — Form 5500 plan (Massachusetts Medical Society)

Plain-English plan 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, The Massachusetts Medical Society Savings And Investment Plan is a benefit plan reported by Massachusetts Medical Society under EIN 04-2050773 and plan number 002. The latest loaded filing year is 2023. The filing reports 640 participants and $158,932,308 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$158.9MPlan net assets, end of year$158,932,308
Participants640Covered participants reported
Assets / participant$248.3KComputed: assets ÷ participants$248,332 (computed)
Provider compensation$133.7K1 Schedule C provider row(s)$133,727
Plan sponsor
Massachusetts Medical Society
EIN
04-2050773
Plan number
002
Plan type
2
Location
Waltham, MA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023640H, C20241009082453NAL0009038067001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$158.9M total assets
Net assets$158.9MLiabilities$0
Money in vs. money out
Total income / additions$34.6M
Total expenses$13.9M
Benefits paid / distributions$13.8M
Contributions
Employer$3.5M
Participant$6M
Full reported line items

Net assets

Total assets (EOY)
$158,932,308
Total liabilities (EOY)
$0
Net assets (EOY)
$158,932,308
Net assets (BOY)
$138,308,115

Income & contributions

Employer contributions
$3,511,489
Participant contributions
$5,958,245
Total contributions
$9,754,136
Total income / additions
$34,558,001

Expenses & distributions

Benefits paid
$13,801,435
Administrative expenses
$132,373
Total expenses
$13,933,808
Net increase / (decrease)
$20,624,193

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyNONE$133,727$02023

Related Form 5500 pages