Healthdrive Corporation 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Healthdrive Corporation)
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, Healthdrive Corporation 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Healthdrive Corporation under EIN 04-3052905 and plan number 001. The latest loaded filing year is 2023. The filing reports 686 participants and $31,203,621 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Healthdrive Corporation
- EIN
- 04-3052905
- Plan number
- 001
- Plan type
- 2
- Location
- Framingham, MA
- Latest filing year
- 2023
- Participants
- 686
- End-of-year plan assets
- $31,203,621
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 686 | H, C | 20241011090847NAL0010755363001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $31,203,621
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $31,203,621
- Net assets (BOY)
- $25,296,193
Income & contributions
- Employer contributions
- $387,477
- Participant contributions
- $2,973,356
- Total contributions
- $3,662,811
- Total income / additions
- $8,527,034
Expenses & distributions
- Benefits paid
- $2,554,115
- Administrative expenses
- $64,590
- Total expenses
- $2,619,606
- Net increase / (decrease)
- $5,907,428
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lpl Financial Fbo Thomas Lanahan | ADVISOR | $41,176 | not reported in the loaded dataset | 2023 |
| Paychex, Inc. | RECORDKEEPER | $41,114 | not reported in the loaded dataset | 2023 |