Nicholas E. Nahernak Dds, Pc 401(K) Profit Sharing Pl 816828 — Form 5500 plan (Nicholas E Nahernak, Dds, Pc)

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, Nicholas E. Nahernak Dds, Pc 401(K) Profit Sharing Pl 816828 is a benefit plan reported by Nicholas E Nahernak, Dds, Pc under EIN 38-2288591 and plan number 002. The latest loaded filing year is 2023. The filing reports 10 participants and $1,376,226 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$1.4MPlan net assets, end of year$1,376,226
Participants10Covered participants reported
Assets / participant$137.6KComputed: assets ÷ participants$137,623 (computed)
Provider compensationNone reported
Plan sponsor
Nicholas E Nahernak, Dds, Pc
EIN
38-2288591
Plan number
002
Plan type
2
Location
Cass City, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202310I20240110204650NAL0013266784001
Schedule I · 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)$1.4M total assets
Net assets$1.4MLiabilities
Money in vs. money out
Total income / additions$206.8K
Total expenses$1.1M
Benefits paid / distributions$1.1M
Contributions
Employer$9.9K
Participant$68.8K
Full reported line items

Net assets

Total assets (EOY)
$1,376,226
Net assets (EOY)
$1,376,226
Net assets (BOY)
$2,233,861

Income & contributions

Employer contributions
$9,918
Participant contributions
$68,756
Total income / additions
$206,842

Expenses & distributions

Benefits paid
$1,064,477
Total expenses
$1,064,477
Net increase / (decrease)
-$857,635
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 13%Participant 87%
Total expenses ÷ net assets77%Computed ratio
Benefits paid ÷ total income515%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages