Island Medical Services Retirement Savings Plan — Form 5500 plan (Island Medical Services)
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, Island Medical Services Retirement Savings Plan is a benefit plan reported by Island Medical Services under EIN 22-2268758 and plan number 002. The latest loaded filing year is 2023. The filing reports 244 participants and $11,670,491 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Island Medical Services
- EIN
- 22-2268758
- Plan number
- 002
- Plan type
- 2
- Location
- Staten Island, NY
- Latest filing year
- 2023
- Participants
- 244
- End-of-year plan assets
- $11,670,491
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 244 | H, C | 20241015123451NAL0014634563001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,670,491
- Total liabilities (EOY)
- $746
- Net assets (EOY)
- $11,669,745
- Net assets (BOY)
- $11,215,522
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $451,920
- Total contributions
- $453,248
- Total income / additions
- $2,061,248
Expenses & distributions
- Benefits paid
- $1,575,641
- Administrative expenses
- $5,806
- Total expenses
- $1,607,025
- Net increase / (decrease)
- $454,223
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Standard Pension Services LLC | THIRD PARTY ADMINISTRATO | $0 | $5,648 | 2023 |