Semmes-Murphey Clinic Employees' Profit Sharing Plan — Form 5500 plan (Semmes-Murphey Clinic)
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, Semmes-Murphey Clinic Employees' Profit Sharing Plan is a benefit plan reported by Semmes-Murphey Clinic under EIN 62-0642575 and plan number 002. The latest loaded filing year is 2023. The filing reports 439 participants and $113,962,289 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Semmes-Murphey Clinic
- EIN
- 62-0642575
- Plan number
- 002
- Plan type
- 3
- Location
- Memphis, TN
- Latest filing year
- 2023
- Participants
- 439
- End-of-year plan assets
- $113,962,289
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 439 | H, C | 20241003132635NAL0019704370001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $113,962,289
- Total liabilities (EOY)
- $74,042
- Net assets (EOY)
- $113,888,247
- Net assets (BOY)
- $96,747,281
Income & contributions
- Employer contributions
- $3,752,667
- Participant contributions
- $1,310,025
- Total contributions
- $5,203,165
- Total income / additions
- $24,145,916
Expenses & distributions
- Benefits paid
- $6,826,739
- Administrative expenses
- $178,211
- Total expenses
- $7,004,950
- Net increase / (decrease)
- $17,140,966
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Epic Retirement Plan Services | RECORDKEEPER | $91,230 | $0 | 2023 |
| Gerber/Taylor & Associates | INVESTMENT ADVISORY | $60,982 | $0 | 2023 |
| Burleigh Consulting Group | THIRD PARTY ADMINISTRATO | $26,000 | $0 | 2023 |