Plan5500

Lifemed Alaska, LLC 401(K) Profit Sharing Plan And Trust — Form 5500 plan (Lifemed Alaska, LLC)

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, Lifemed Alaska, LLC 401(K) Profit Sharing Plan And Trust is a benefit plan reported by Lifemed Alaska, LLC under EIN 26-2512960 and plan number 001. The latest loaded filing year is 2023. The filing reports 235 participants and $18,638,599 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$18.6MPlan net assets, end of year$18,612,475
Participants235Covered participants reported
Assets / participant$79.3KComputed: assets ÷ participants$79,313 (computed)
Provider compensation$47.4K2 Schedule C provider row(s)$47,428
Plan sponsor
Lifemed Alaska, LLC
EIN
26-2512960
Plan number
001
Plan type
2
Location
Anchorage, AK
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    235 participants · 2Sch HSch C
    View filing →
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)$18.6M total assets
Net assets$18.6MLiabilities$26.1K
Money in vs. money out
Total income / additions$4.6M
Total expenses$716.5K
Benefits paid / distributions$586K
Contributions
Employer$825.3K
Participant$1.2M
Full reported line items

Net assets

Total assets (EOY)
$18,638,599
Total liabilities (EOY)
$26,124
Net assets (EOY)
$18,612,475
Net assets (BOY)
$14,740,020

Income & contributions

Employer contributions
$825,346
Participant contributions
$1,193,226
Total contributions
$2,018,572
Total income / additions
$4,588,995

Expenses & distributions

Benefits paid
$586,006
Administrative expenses
$130,534
Total expenses
$716,540
Net increase / (decrease)
$3,872,455
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 41%Participant 59%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income13%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Alera Investment Advisors$46.3K
    RIA · Direct $46.3K · Indirect $0
  2. 2
    John Hancock Life Insurance Company$1.1K
    RECORDKEEPER · Direct $1.1K · Indirect $0

Related Form 5500 pages