Medwest Associates, Inc. Profit Sharing Plan — Form 5500 plan (Medwest Associates, Inc)

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, Medwest Associates, Inc. Profit Sharing Plan is a benefit plan reported by Medwest Associates, Inc under EIN 36-3853061 and plan number 001. The latest loaded filing year is 2023. The filing reports 125 participants and $7,735,214 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Medwest Associates, Inc
EIN
36-3853061
Plan number
001
Plan type
2
Location
Burr Ridge, IL
Latest filing year
2023
Participants
125
End-of-year plan assets
$7,735,214

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023125H, C20241008103224NAL0016455025001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,735,214
Net assets (EOY)
$7,735,214
Net assets (BOY)
$6,155,825

Income & contributions

Employer contributions
$138,344
Participant contributions
$1,027,705
Total contributions
$1,166,049
Total income / additions
$2,409,906

Expenses & distributions

Benefits paid
$766,897
Administrative expenses
$58,198
Total expenses
$830,517
Net increase / (decrease)
$1,579,389

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch - FasREGISTERED INVESTMENT ADV$13,732$02023
Merrill Lynch - EpsREGISTERED INVESTMENT ADV$13,732$02023
John Hancock Life Insurance CompanyRECORDKEEPER$550$02023

Related Form 5500 pages