Southcoast Medical Group, LLC Profit Sharing 401(K) Plan — Form 5500 plan (Southcoast Medical Group, 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, Southcoast Medical Group, LLC Profit Sharing 401(K) Plan is a benefit plan reported by Southcoast Medical Group, LLC under EIN 58-2194871 and plan number 001. The latest loaded filing year is 2023. The filing reports 635 participants and $62,171,807 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Southcoast Medical Group, LLC
- EIN
- 58-2194871
- Plan number
- 001
- Plan type
- 2
- Location
- Savannah, GA
- Latest filing year
- 2023
- Participants
- 635
- End-of-year plan assets
- $62,171,807
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 635 | H, C | 20241113124328NAL0010004467001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $62,171,807
- Total liabilities (EOY)
- $8,593
- Net assets (EOY)
- $62,163,214
- Net assets (BOY)
- $51,911,939
Income & contributions
- Employer contributions
- $1,609,129
- Participant contributions
- $2,631,286
- Total contributions
- $4,308,457
- Total income / additions
- $13,329,843
Expenses & distributions
- Benefits paid
- $2,972,922
- Administrative expenses
- $105,646
- Total expenses
- $3,078,568
- Net increase / (decrease)
- $10,251,275
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Voya Retirement Ins And Annuity Co | SERVICE PROVIDER | $59,245 | $2,846 | 2023 |
| Definiti, LLC | THIRD PARTY ADMINISTRATOR | $0 | $23,675 | 2023 |
| Caines, Hodges & Company, P.C. | AUDITOR | $16,000 | $0 | 2023 |
| Morgan Stanley | FINANCIAL ADVISOR | $11,687 | not reported in the loaded dataset | 2023 |
| Morningstar | SERVICE PROVIDER | $0 | $7,927 | 2023 |
| Morningstar Investment Management | SERVICE PROVIDER | $5,267 | $0 | 2023 |
| Mml Insurance Agency, LLC | BROKER/DEALER | $0 | $365 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Southcoast Medical Group, LLC
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Savannah, GA
- Voya Retirement Ins And Annuity Co — Schedule C compensation
- Definiti, LLC — Schedule C compensation
- Caines, Hodges & Company, P.C. — Schedule C compensation
- Morgan Stanley — Schedule C compensation
- Morningstar — Schedule C compensation
- Morningstar Investment Management — Schedule C compensation
- Mml Insurance Agency, LLC — Schedule C compensation