Plan5500

Physician Insurance Plan Of Alabama — Form 5500 plan (The Medical Association Of The State Of Alabama (Masa))

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, Physician Insurance Plan Of Alabama is a benefit plan reported by The Medical Association Of The State Of Alabama (Masa) under EIN 63-0268042 and plan number 501. The latest loaded filing year is 2023. The filing reports 1,293 participants and $6,612,359 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$2.8MPlan net assets, end of year$2,770,446
Participants1.3KCovered participants reported1,293
Assets / participant$5.1KComputed: assets ÷ participants$5,114 (computed)
Provider compensation$363K3 Schedule C provider row(s)$363,000
Plan sponsor
The Medical Association Of The State Of Alabama (Masa)
EIN
63-0268042
Plan number
501
Plan type
3
Location
Montgomery, AL
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
    1,293 participants · 3Sch 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)$6.6M total assets
Net assets$2.8MLiabilities$3.8M
Money in vs. money out
Total income / additions$17.8M
Total expenses$17.5M
Benefits paid / distributions$17.1M
Contributions
Employer$17.1M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$6,612,359
Total liabilities (EOY)
$3,841,913
Net assets (EOY)
$2,770,446
Net assets (BOY)
$2,390,426

Income & contributions

Employer contributions
$17,061,851
Total contributions
$17,061,851
Total income / additions
$17,849,584

Expenses & distributions

Benefits paid
$17,061,851
Administrative expenses
$407,713
Total expenses
$17,469,564
Net increase / (decrease)
$380,020
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.

Total expenses ÷ net assets631%Computed ratio
Benefits paid ÷ total income96%Computed ratio
Provider comp. ÷ net assets13%Computed ratio
Schedule C

Service provider compensation

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

  1. 1
    Medical Association Of The State Of$295K
    PLAN SPONSOR · Direct $295K
  2. 2
    Yeary & Moore, LLC$48K
    CONSULTANT · Direct $48K
  3. 3
    Aldridge, Borden & Company, P.C.$20K
    AUDITOR · Direct $20K

What to inspect next

Frequently asked questions

Who sponsors the Physician Insurance Plan Of Alabama?
Physician Insurance Plan Of Alabama is reported as sponsored by The Medical Association Of The State Of Alabama (Masa) (EIN 63-0268042, plan number 501) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Physician Insurance Plan Of Alabama?
The latest Form 5500 filing year loaded for Physician Insurance Plan Of Alabama is 2023.
How many participants does Physician Insurance Plan Of Alabama report?
Physician Insurance Plan Of Alabama reports 1,293 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Physician Insurance Plan Of Alabama?
Physician Insurance Plan Of Alabama reports $6,612,359 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