Pioneer Valley Cardiology, Pc 401(K) Plan — Form 5500 plan (Pioneer Valley Cardiology, P.C.)

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, Pioneer Valley Cardiology, Pc 401(K) Plan is a benefit plan reported by Pioneer Valley Cardiology, P.C. under EIN 04-2505412 and plan number 003. The latest loaded filing year is 2023. The filing reports 130 participants and $20,379,667 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$20.4MPlan net assets, end of year$20,379,667
Participants130Covered participants reported
Assets / participant$156.8KComputed: assets ÷ participants$156,767 (computed)
Provider compensation$40.3K4 Schedule C provider row(s)$40,301
Plan sponsor
Pioneer Valley Cardiology, P.C.
EIN
04-2505412
Plan number
003
Plan type
2
Location
Springfield, MA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023130H, C20241014140911NAL0027516001001
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)$20.4M total assets
Net assets$20.4MLiabilities
Money in vs. money out
Total income / additions$4.3M
Total expenses$2.9M
Benefits paid / distributions$2.8M
Contributions
Employer$765.8K
Participant$671K
Full reported line items

Net assets

Total assets (EOY)
$20,379,667
Net assets (EOY)
$20,379,667
Net assets (BOY)
$18,987,687

Income & contributions

Employer contributions
$765,846
Participant contributions
$671,048
Total contributions
$1,576,288
Total income / additions
$4,282,615

Expenses & distributions

Benefits paid
$2,826,724
Administrative expenses
$63,911
Total expenses
$2,890,635
Net increase / (decrease)
$1,391,980
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 53%Participant 47%
Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income66%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Northwestern Mutual Investment ServOTHER SERVICES$0$16,2542023
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$12,757$02023
Jim Hallinan Pension Consulting LLCCONTRACT ADMINISTRATOR$7,060$4,2302023
Wilshire Associates IncorporatedINVESTMENT ADVISORY$0$02023

Related Form 5500 pages