Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

Medical Care Development, Inc. 403(b) Plan

ERISA Form 5500 plan record drawn from DOL EBSA โ€” verify with linked source filings below.

Sponsored by Medical Care Development, Inc. ยท Maine ยท Administrative & Support Services

What the 2023 filing shows

Medical Care Development, Inc. 403(b) Plan holds $11M for 140 participants - about $75,189 per participant, up 26.6% over the 2023 plan year.

$11M
total plan assets (2023 EOY)
140
covered participants
$75,189
avg assets per participant
+26.6%
assets growth YoY
Total Assets (2023)
$11M
Participants
140
State
Industry
Administrative & Support Services

What the Filing Says About Medical Care Development, Inc. 403(b) Plan

Medical Care Development, Inc. 403(b) Plan is a Profit Sharing retirement plan sponsored by Medical Care Development, Inc., headquartered in Maine. As of the 2023 Form 5500 filing, the plan reports $11M in total end-of-year assets and covers 140 participants across the Administrative & Support Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 016022787, and the plan has been effective since 2009-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $8M at the beginning of 2023 to $11M at year-end โ€” a gain of 26.6%. Net assets (after liabilities) closed the year at $11M, with reported net income of $2M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows โ€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$8M
Total Assets (End of Year)$11M
Net Assets (End of Year)$11M
Net Income$2M
Plan TypeProfit Sharing
Employer EIN016022787
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Medical Care Development, Inc.)

Year Plans Participants Total Assets
2022 1 155 $8M
2023 1 140 $11M
2024 1 162 $13M

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Frequently Asked Questions

How much money is in the Medical Care Development, Inc. 403(b) Plan?
As of the 2023 Form 5500 filing, Medical Care Development, Inc. 403(b) Plan holds $11M in total assets with 140 participants. It is sponsored by Medical Care Development, Inc..
What type of plan is Medical Care Development, Inc. 403(b) Plan?
Medical Care Development, Inc. 403(b) Plan is a Profit Sharing plan. It has been effective since 2009-01-01. The plan is filed with the U.S. Department of Labor under EIN 016022787.
Who sponsors the Medical Care Development, Inc. 403(b) Plan?
Medical Care Development, Inc. 403(b) Plan is sponsored by Medical Care Development, Inc., located in Maine. The sponsor's EIN is 016022787 and the plan operates in the Administrative & Support Services industry.
How did Medical Care Development, Inc. 403(b) Plan perform in 2023?
Medical Care Development, Inc. 403(b) Plan grew by 26.6% during 2023, moving from $8M to $11M in total assets. Net income was $2M.
Where can I find official filings for Medical Care Development, Inc. 403(b) Plan?
Official Form 5500 filings for Medical Care Development, Inc. 403(b) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 016022787 or plan name at efast.dol.gov.
How does Medical Care Development, Inc. 403(b) Plan compare to other plans?
You can compare Medical Care Development, Inc. 403(b) Plan against other Profit Sharing plans on the plan type page, or view plans in Maine on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) โ€” original filing retrieval by EIN 016022787.

Reference: IRS Publication 560 โ€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B โ€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.