Med Advantage 401(K) Plan — Form 5500 plan (Med Advantage 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, Med Advantage 401(K) Plan is a benefit plan reported by Med Advantage LLC under EIN 45-5586938 and plan number 002. The latest loaded filing year is 2023. The filing reports 205 participants and $2,067,766 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Med Advantage LLC
- EIN
- 45-5586938
- Plan number
- 002
- Plan type
- 2
- Location
- Bloomfield, NJ
- Latest filing year
- 2023
- Participants
- 205
- End-of-year plan assets
- $2,067,766
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 205 | H, C | 20241001103703NAL0013698418001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,067,766
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,067,766
- Net assets (BOY)
- $0
Income & contributions
- Employer contributions
- $113,323
- Participant contributions
- $320,909
- Total contributions
- $456,543
- Total income / additions
- $530,458
Expenses & distributions
- Benefits paid
- $169,938
- Administrative expenses
- $2,675
- Total expenses
- $172,613
- Net increase / (decrease)
- $357,845
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Vanguard Group, Inc. | NONE | $1,755 | $0 | 2023 |
| Wells Fargo Advisors. | NONE | $920 | not reported in the loaded dataset | 2023 |