The Carolinas Center For Medical Excellence 401(K) Plan — Form 5500 plan (Medical Review Of North Carolina, 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, The Carolinas Center For Medical Excellence 401(K) Plan is a benefit plan reported by Medical Review Of North Carolina, Inc. under EIN 58-1567854 and plan number 001. The latest loaded filing year is 2023. The filing reports 129 participants and $13,131,013 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$13.1MPlan net assets, end of year$13,131,013
Participants129Covered participants reported
Assets / participant$101.8KComputed: assets ÷ participants$101,791 (computed)
Provider compensation$24.4K2 Schedule C provider row(s)$24,415
Plan sponsor
Medical Review Of North Carolina, Inc.
EIN
58-1567854
Plan number
001
Plan type
2
Location
Raleigh, NC
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023129H, C20240927145105NAL0001357539001
Schedule H · 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)$13.1M total assets
Net assets$13.1MLiabilities$0
Money in vs. money out
Total income / additions$2.7M
Total expenses$893.4K
Benefits paid / distributions$867.7K
Contributions
Employer$221.7K
Participant$350.1K
Full reported line items

Net assets

Total assets (EOY)
$13,131,013
Total liabilities (EOY)
$0
Net assets (EOY)
$13,131,013
Net assets (BOY)
$11,359,633

Income & contributions

Employer contributions
$221,672
Participant contributions
$350,051
Total contributions
$597,967
Total income / additions
$2,664,823

Expenses & distributions

Benefits paid
$867,702
Administrative expenses
$24,415
Total expenses
$893,443
Net increase / (decrease)
$1,771,380
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 39%Participant 61%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income33%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Advisory Services Network LLCINVESTMENT ADVISOR$23,865not reported in the loaded dataset2023
Capital Group Retirement Plan Svcs.RECORDKEEPER$550$02023

Related Form 5500 pages