Beaver Medical Group 401(K) Profit-Sharing Plan — Form 5500 plan (Beaver Medical Group, P.C.)

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, Beaver Medical Group 401(K) Profit-Sharing Plan is a benefit plan reported by Beaver Medical Group, P.C. under EIN 33-0645967 and plan number 002. The latest loaded filing year is 2023. The filing reports 2,359 participants and $318,972,899 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Beaver Medical Group, P.C.
EIN
33-0645967
Plan number
002
Plan type
2
Location
Minnetonka, MN
Latest filing year
2023
Participants
2,359
End-of-year plan assets
$318,972,899

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,359H, C20240827165344NAL0018005296001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$318,972,899
Total liabilities (EOY)
$0
Net assets (EOY)
$318,972,899
Net assets (BOY)
$305,020,005

Income & contributions

Total contributions
$0
Total income / additions
$49,939,252

Expenses & distributions

Benefits paid
$35,875,591
Administrative expenses
$74,187
Total expenses
$35,986,358
Net increase / (decrease)
$13,952,894

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Invst Instnl Oprtn Co, IncRECORDKEEPER$50,337$02023
Baker Tilly Us, LlpACCOUNTANT/ AUDITOR$21,600$02023
Nfp RetirementACCOUNTANT/ AUDITOR$2,250$02023

Related Form 5500 pages