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

Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan

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

Sponsored by Tidewater Physicians Multispecialty Group, P.C. · Virginia · Healthcare & Social Assistance

What the 2023 filing shows

Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan holds $169M for 1,092 participants — about $154,638 per participant, up 15.4% over the 2024 plan year.

$169M
total plan assets (2024 EOY)
1,092
covered participants
$154,638
avg assets per participant
+15.4%
assets growth YoY
Total Assets (2023)
$169M
Participants
1,092
State
Industry
Healthcare & Social Assistance

What the Filing Says About Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan

Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan is a 401(k) retirement plan sponsored by Tidewater Physicians Multispecialty Group, P.C., headquartered in Virginia. As of the 2024 Form 5500 filing, the plan reports $169M in total end-of-year assets and covers 1,092 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 541634477, and the plan has been effective since 1998-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $146M at the beginning of 2024 to $169M at year-end — a gain of 15.4%. Net assets (after liabilities) closed the year at $169M, with reported net income of $23M 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)$146M
Total Assets (End of Year)$169M
Net Assets (End of Year)$169M
Net Income$23M
Plan Type401(k)
Employer EIN541634477
Plan Effective Date1998-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tidewater Physicians Multispecialty Group, P.C.)

Year Plans Participants Total Assets
2022 1 1,074 $119M
2023 1 1,051 $146M
2024 1 1,092 $169M

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Frequently Asked Questions

How much money is in the Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan?
As of the 2024 Form 5500 filing, Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan holds $169M in total assets with 1,092 participants. It is sponsored by Tidewater Physicians Multispecialty Group, P.C..
What type of plan is Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan?
Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan is a 401(k) plan. It has been effective since 1998-08-01. The plan is filed with the U.S. Department of Labor under EIN 541634477.
Who sponsors the Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan?
Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan is sponsored by Tidewater Physicians Multispecialty Group, P.C., located in Virginia. The sponsor's EIN is 541634477 and the plan operates in the Healthcare & Social Assistance industry.
How did Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan perform in 2024?
Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan grew by 15.4% during 2024, moving from $146M to $169M in total assets. Net income was $23M.
Where can I find official filings for Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan?
Official Form 5500 filings for Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 541634477 or plan name at efast.dol.gov.
How does Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan compare to other plans?
You can compare Tidewater Physicians Multispecialty Group, P.C. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Virginia 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 541634477.

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.