Plan5500

Essen Medical Associates, P.C. 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Essen Medical Associates, P.C.)

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, Essen Medical Associates, P.C. 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Essen Medical Associates, P.C. under EIN 58-2501863 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,219 participants and $15,703,002 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$15.7MPlan net assets, end of year$15,703,002
Participants1.2KCovered participants reported1,219
Assets / participant$12.9KComputed: assets ÷ participants$12,882 (computed)
Provider compensation$5.1K3 Schedule C provider row(s)$5,108
Plan sponsor
Essen Medical Associates, P.C.
EIN
58-2501863
Plan number
001
Plan type
2
Location
Hartsdale, NY
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    1,219 participants · 2Sch HSch C
    View filing →
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)$15.7M total assets
Net assets$15.7MLiabilities$0
Money in vs. money out
Total income / additions$5M
Total expenses$1.1M
Benefits paid / distributions$1.1M
Contributions
Employer$234.4K
Participant$2.2M
Full reported line items

Net assets

Total assets (EOY)
$15,703,002
Total liabilities (EOY)
$0
Net assets (EOY)
$15,703,002
Net assets (BOY)
$11,849,855

Income & contributions

Employer contributions
$234,430
Participant contributions
$2,236,766
Total contributions
$2,880,741
Total income / additions
$4,964,778

Expenses & distributions

Benefits paid
$1,073,086
Administrative expenses
$9,186
Total expenses
$1,111,631
Net increase / (decrease)
$3,853,147
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 9%Participant 91%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income22%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Fidelity Investments Instituional O$4.7K
    RECORDKEEPER · Direct $4.7K · Indirect $0
  2. 2
    Strategic Advisors, Inc.$380
    ADVISOR · Direct $380
  3. 3
    Paychex, Inc.$0
    RECORDKEEPER

What to inspect next

Frequently asked questions

Who sponsors the Essen Medical Associates, P.C. 401(K) Profit Sharing Plan & Trust?
Essen Medical Associates, P.C. 401(K) Profit Sharing Plan & Trust is reported as sponsored by Essen Medical Associates, P.C. (EIN 58-2501863, plan number 001) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Essen Medical Associates, P.C. 401(K) Profit Sharing Plan & Trust?
The latest Form 5500 filing year loaded for Essen Medical Associates, P.C. 401(K) Profit Sharing Plan & Trust is 2023.
How many participants does Essen Medical Associates, P.C. 401(K) Profit Sharing Plan & Trust report?
Essen Medical Associates, P.C. 401(K) Profit Sharing Plan & Trust reports 1,219 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Essen Medical Associates, P.C. 401(K) Profit Sharing Plan & Trust?
Essen Medical Associates, P.C. 401(K) Profit Sharing Plan & Trust reports $15,703,002 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages