Mgm Dental Pc Profit Sharing Plan & Trust — Form 5500 plan (Mgm Dental 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, Mgm Dental Pc Profit Sharing Plan & Trust is a benefit plan reported by Mgm Dental Pc under EIN 38-2781478 and plan number 001. The latest loaded filing year is 2023. The filing reports 30 participants and $3,381,424 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.4MPlan net assets, end of year$3,381,424
Participants30Covered participants reported
Assets / participant$112.7KComputed: assets ÷ participants$112,714 (computed)
Provider compensationNone reported
Plan sponsor
Mgm Dental Pc
EIN
38-2781478
Plan number
001
Plan type
2
Location
Clinton Township, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202330I20240722154855NAL0006561299001
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)$3.4M total assets
Net assets$3.4MLiabilities$0
Money in vs. money out
Total income / additions$513.1K
Total expenses$18.2K
Benefits paid / distributions$16.7K
Contributions
Employer$52.6K
Participant$116.6K
Full reported line items

Net assets

Total assets (EOY)
$3,381,424
Total liabilities (EOY)
$0
Net assets (EOY)
$3,381,424
Net assets (BOY)
$2,886,590

Income & contributions

Employer contributions
$52,610
Participant contributions
$116,634
Total income / additions
$513,054

Expenses & distributions

Benefits paid
$16,658
Administrative expenses
$1,562
Total expenses
$18,220
Net increase / (decrease)
$494,834
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 31%Participant 69%
Total expenses ÷ net assets1%Computed ratio
Benefits paid ÷ total income3%Computed ratio

Service provider compensation (Schedule C)

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

Related Form 5500 pages