Premier Medical Group Profit Sharing Plan — Form 5500 plan (Premier Medical Group)
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, Premier Medical Group Profit Sharing Plan is a benefit plan reported by Premier Medical Group under EIN 14-1536357 and plan number 001. The latest loaded filing year is 2023. The filing reports 157 participants and $21,426,497 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Premier Medical Group
- EIN
- 14-1536357
- Plan number
- 001
- Plan type
- 2
- Location
- Poughkeepsie, NY
- Latest filing year
- 2023
- Participants
- 157
- End-of-year plan assets
- $21,426,497
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 157 | H, C | 20241122124734NAL0001097507001 |
| 2023 | 175 | H, C | 20250813150827NAL0004935475001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,302,299
- Total liabilities (EOY)
- $21
- Net assets (EOY)
- $15,302,278
- Net assets (BOY)
- $12,001,543
Income & contributions
- Employer contributions
- $165,843
- Participant contributions
- $476,055
- Total contributions
- $641,898
- Total income / additions
- $3,508,194
Expenses & distributions
- Benefits paid
- $201,667
- Administrative expenses
- $1,750
- Total expenses
- $207,459
- Net increase / (decrease)
- $3,300,735
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Northwestern Mutual Investment | ADVISOR | $0 | $16,107 | 2023 |
| Northwestern Mutual Investment | ADVISOR | $0 | $11,738 | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $8,825 | $0 | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $2,088 | $0 | 2023 |