Plan Ledger DOL Form 5500 · updated monthly

Medicalodges, Inc.ESOP

MEDICALODGES, INC. EMPLOYEE STOCK OWNERSHIP PLAN · COFFEYVILLE, KS · plan year 2023

Employer contribution per participant · 2023
$422

Medicalodges, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $8,648,812 across 1,530 participant accounts, with employer contributions averaging $422 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Kansas (535th of 828), and 6,190th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$8,648,812
Participants with balances1,530
Active participants772
Employer contributions$325,640
Employee contributions—
Employer contribution per active participant$422
Average account balance$5,653
Benefits paid to participants$654,268
Plan auditUnmodified (clean) audit opinion
AuditorMEARA WELCH BROWNE, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$8.6M · 1,530 accts · $326K emplr
2022$7.6M · 1,574 accts · $326K emplr
Employer contributions to the Medicalodges, Inc. plan · 2023
Employer contribution per active participant$422
Median for plans this size$1,308
2023$422 per active participant
2022$430 per active participant

Medicalodges, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Administrative cost history2
2023Not separately reported
2022Not separately reported
All plans at this employer2
MEDICALODGES, INC. 401(K) PROFIT SHARING PLAN401(k)
MEDICALODGES, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 480698712 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.