Medico 401(K) Retirement Plan — Form 5500 plan (Medico, 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, Medico 401(K) Retirement Plan is a benefit plan reported by Medico, LLC under EIN 72-0751306 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,832 participants and $3,752,050 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$3.8MPlan net assets, end of year$3,752,050
Participants2.8KCovered participants reported2,832
Assets / participant$1.3KComputed: assets ÷ participants$1,325 (computed)
Provider compensation$64.2K3 Schedule C provider row(s)$64,225
- Plan sponsor
- Medico, LLC
- EIN
- 72-0751306
- Plan number
- 001
- Plan type
- 3
- Location
- Ridgeland, MS
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,832 | H, C | 20241017085705NAL0032899457001 |
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)$3.8M total assets
Net assets$3.8MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $3,752,050
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,752,050
- Net assets (BOY)
- $1,307,004
Income & contributions
- Employer contributions
- $750,000
- Participant contributions
- $1,626,362
- Total contributions
- $2,410,560
- Total income / additions
- $2,753,934
Expenses & distributions
- Benefits paid
- $195,991
- Administrative expenses
- $64,225
- Total expenses
- $308,888
- Net increase / (decrease)
- $2,445,046
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.
32%68%
Employer 32%Participant 68%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income7%Computed ratio
Provider comp. ÷ net assets2%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| T. Rowe Price | RECORDKEEPER | $25,377 | $0 | 2023 |
| Hub International Midwest Ltd | TPA | $19,440 | not reported in the loaded dataset | 2023 |
| Tauzin Wealth Management | INVESTMENT ADVISOR | $19,408 | not reported in the loaded dataset | 2023 |