Plan5500

Texas Medical Association Employees 401(K) Profit Sharing Plan — Form 5500 plan (Texas Medical Association)

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, Texas Medical Association Employees 401(K) Profit Sharing Plan is a benefit plan reported by Texas Medical Association under EIN 74-1078510 and plan number 002. The latest loaded filing year is 2023. The filing reports 207 participants and $55,586,052 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$55.6MPlan net assets, end of year$55,586,052
Participants207Covered participants reported
Assets / participant$268.5KComputed: assets ÷ participants$268,532 (computed)
Provider compensation$38.3K2 Schedule C provider row(s)$38,314
Plan sponsor
Texas Medical Association
EIN
74-1078510
Plan number
002
Plan type
2
Location
Austin, TX
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
    207 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)$55.6M total assets
Net assets$55.6MLiabilities$0
Money in vs. money out
Total income / additions$11.6M
Total expenses$2.1M
Benefits paid / distributions$2M
Contributions
Employer$1.9M
Participant$1.3M
Full reported line items

Net assets

Total assets (EOY)
$55,586,052
Total liabilities (EOY)
$0
Net assets (EOY)
$55,586,052
Net assets (BOY)
$46,063,974

Income & contributions

Employer contributions
$1,914,641
Participant contributions
$1,339,003
Total contributions
$3,253,644
Total income / additions
$11,589,858

Expenses & distributions

Benefits paid
$2,029,466
Administrative expenses
$38,314
Total expenses
$2,067,780
Net increase / (decrease)
$9,522,078
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 59%Participant 41%
Total expenses ÷ net assets4%Computed ratio
Benefits paid ÷ total income18%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
    Strategic Advisors, Inc.$53.3K
    ADVISOR · Direct $53.3K
  2. 2
    Fidelity Investments Institutional-$15K
    RECORDKEEPER · Direct -$15K · Indirect $0

What to inspect next

Frequently asked questions

Who sponsors the Texas Medical Association Employees 401(K) Profit Sharing Plan?
Texas Medical Association Employees 401(K) Profit Sharing Plan is reported as sponsored by Texas Medical Association (EIN 74-1078510, plan number 002) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Texas Medical Association Employees 401(K) Profit Sharing Plan?
The latest Form 5500 filing year loaded for Texas Medical Association Employees 401(K) Profit Sharing Plan is 2023.
How many participants does Texas Medical Association Employees 401(K) Profit Sharing Plan report?
Texas Medical Association Employees 401(K) Profit Sharing Plan reports 207 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Texas Medical Association Employees 401(K) Profit Sharing Plan?
Texas Medical Association Employees 401(K) Profit Sharing Plan reports $55,586,052 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