Mim Software Inc. 401(K) Plan — Form 5500 plan (Mim Software 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, Mim Software Inc. 401(K) Plan is a benefit plan reported by Mim Software Inc. under EIN 56-2401998 and plan number 001. The latest loaded filing year is 2023. The filing reports 313 participants and $16,690,598 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mim Software Inc.
- EIN
- 56-2401998
- Plan number
- 001
- Plan type
- 2
- Location
- Beachwood, OH
- Latest filing year
- 2023
- Participants
- 313
- End-of-year plan assets
- $16,690,598
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 313 | H, C | 20241015102854NAL0055578674001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,690,598
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,690,598
- Net assets (BOY)
- $11,488,657
Income & contributions
- Employer contributions
- $1,141,669
- Participant contributions
- $2,460,965
- Total contributions
- $4,146,299
- Total income / additions
- $5,686,767
Expenses & distributions
- Benefits paid
- $448,292
- Administrative expenses
- $36,534
- Total expenses
- $484,826
- Net increase / (decrease)
- $5,201,941
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $36,534 | $0 | 2023 |