Medusind, Inc. 401(K) Plan — Form 5500 plan (Medusind Inc.)

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, Medusind, Inc. 401(K) Plan is a benefit plan reported by Medusind Inc. under EIN 81-0587669 and plan number 001. The latest loaded filing year is 2023. The filing reports 377 participants and $0 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$0Plan net assets, end of year
Participants377Covered participants reported
Assets / participant$0Computed: assets ÷ participants$0 (computed)
Provider compensation$32.2K2 Schedule C provider row(s)$32,235
Plan sponsor
Medusind Inc.
EIN
81-0587669
Plan number
001
Plan type
2
Location
Miami, FL
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
    377 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.

Money in vs. money out
Total income / additions$2.5M
Total expenses$2.9M
Benefits paid / distributions$2.8M
Contributions
Employer$278.7K
Participant$919K
Full reported line items

Net assets

Total assets (EOY)
$0
Total liabilities (EOY)
$0
Net assets (EOY)
$0
Net assets (BOY)
$11,913,606

Income & contributions

Employer contributions
$278,745
Participant contributions
$919,012
Total contributions
$1,231,438
Total income / additions
$2,522,696

Expenses & distributions

Benefits paid
$2,828,926
Administrative expenses
$32,234
Total expenses
$2,861,462
Net increase / (decrease)
-$338,766
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 23%Participant 77%
Benefits paid ÷ total income112%Computed ratio
Schedule C

Service provider compensation

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

  1. 1
    RETAINED BY EMPLOYER · Direct $18.7K
  2. 2
    RETAINED BY EMPLOYER · Direct $13.5K · Indirect $0

What to inspect next

Frequently asked questions

Who sponsors the Medusind, Inc. 401(K) Plan?
Medusind, Inc. 401(K) Plan is reported as sponsored by Medusind Inc. (EIN 81-0587669, plan number 001) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Medusind, Inc. 401(K) Plan?
The latest Form 5500 filing year loaded for Medusind, Inc. 401(K) Plan is 2023.
How many participants does Medusind, Inc. 401(K) Plan report?
Medusind, Inc. 401(K) Plan reports 377 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Medusind, Inc. 401(K) Plan?
Medusind, Inc. 401(K) Plan reports $0 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