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, Twin Med 401(K) Plan is a benefit plan reported by Twin Med, LLC under EIN 20-0725693 and plan number 002. The latest loaded filing year is 2023. The filing reports 593 participants and $13,265,773 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,265,773
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,265,773
- Net assets (BOY)
- $10,553,177
Income & contributions
- Employer contributions
- $239,359
- Participant contributions
- $1,836,768
- Total contributions
- $2,278,470
- Total income / additions
- $4,100,066
Expenses & distributions
- Benefits paid
- $1,274,948
- Administrative expenses
- $112,174
- Total expenses
- $1,387,470
- Net increase / (decrease)
- $2,712,596