401(k)
2024 plan-year 401(k) DOL Form 5500

Physician Healthcare Network, P.C. 401(k) Profit Sharing Plan

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

Sponsored by Physician Healthcare Network, P.C. · Michigan · Healthcare & Social Assistance

What the 2023 filing shows

Physician Healthcare Network, P.C. 401(k) Profit Sharing Plan holds $20M for 138 participants — about $146,697 per participant, up 7.4% over the 2024 plan year.

$20M
total plan assets (2024 EOY)
138
covered participants
$146,697
avg assets per participant
+7.4%
assets growth YoY
Total Assets (2023)
$20M
Participants
138
State
Industry
Healthcare & Social Assistance

What the Filing Says About Physician Healthcare Network, P.C. 401(k) Profit Sharing Plan

Physician Healthcare Network, P.C. 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by Physician Healthcare Network, P.C., headquartered in Michigan. As of the 2024 Form 5500 filing, the plan reports $20M in total end-of-year assets and covers 138 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 383175658, and the plan has been effective since 1993-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $19M at the beginning of 2024 to $20M at year-end — a gain of 7.4%. Net assets (after liabilities) closed the year at $20M, with reported net income of $1M 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 — 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)$19M
Total Assets (End of Year)$20M
Net Assets (End of Year)$20M
Net Income$1M
Plan Type401(k)
Employer EIN383175658
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Physician Healthcare Network, P.C.)

Year Plans Participants Total Assets
2022 1 140 $16M
2023 1 132 $19M
2024 1 138 $20M

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Frequently Asked Questions

How much money is in the Physician Healthcare Network, P.C. 401(k) Profit Sharing Plan?
As of the 2024 Form 5500 filing, Physician Healthcare Network, P.C. 401(k) Profit Sharing Plan holds $20M in total assets with 138 participants. It is sponsored by Physician Healthcare Network, P.C..
What type of plan is Physician Healthcare Network, P.C. 401(k) Profit Sharing Plan?
Physician Healthcare Network, P.C. 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 1993-01-01. The plan is filed with the U.S. Department of Labor under EIN 383175658.
Who sponsors the Physician Healthcare Network, P.C. 401(k) Profit Sharing Plan?
Physician Healthcare Network, P.C. 401(k) Profit Sharing Plan is sponsored by Physician Healthcare Network, P.C., located in Michigan. The sponsor's EIN is 383175658 and the plan operates in the Healthcare & Social Assistance industry.
How did Physician Healthcare Network, P.C. 401(k) Profit Sharing Plan perform in 2024?
Physician Healthcare Network, P.C. 401(k) Profit Sharing Plan grew by 7.4% during 2024, moving from $19M to $20M in total assets. Net income was $1M.
Where can I find official filings for Physician Healthcare Network, P.C. 401(k) Profit Sharing Plan?
Official Form 5500 filings for Physician Healthcare Network, P.C. 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 383175658 or plan name at efast.dol.gov.
How does Physician Healthcare Network, P.C. 401(k) Profit Sharing Plan compare to other plans?
You can compare Physician Healthcare Network, P.C. 401(k) Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Michigan 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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 383175658.

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

Reference: IRS Publication 590-B — 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.