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, Medical Information Technology, Inc. 401(K) Plan is a benefit plan reported by Medical Information Technology, Inc under EIN 04-2455639 and plan number 005. The latest loaded filing year is 2023. The filing reports 3,635 participants and $78,254,617 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $78,254,617
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $78,254,617
- Net assets (BOY)
- $53,217,045
Income & contributions
- Participant contributions
- $16,954,618
- Total contributions
- $17,420,130
- Total income / additions
- $28,120,261
Expenses & distributions
- Benefits paid
- $2,880,885
- Administrative expenses
- $201,804
- Total expenses
- $3,082,689
- Net increase / (decrease)
- $25,037,572