Physicians Group Services, P.a. Dba Family Medical Centers 401(k) Plan: Login, Facts & Contact Information

Physicians Group Services, P.a. Dba Family Medical Centers 401(k) Plan Facts

Plan name
FAMILY MEDICAL CENTERS RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PHYSICIANS GROUP SERVICES, P.A. DBA FAMILY MEDICAL CENTERS
Participants
553 (363 active employees)
Former employees with a balance
219
Plan assets
$10,917,837 at Dec 31, 2022
Average account balance
$27,024 across 404 accounts
Employer contributions
$256,558 in plan year 2022 (14% of all contributions)
Recordkeeper
Lincoln National Corporation
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jan 1, 2002
✓ Employer contributions— Automatic enrollment— Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Feb 15, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $1.80 million went into the plan in contributions, $256,558 of it from the employer (14%).
  • $877,190 was paid out to participants.
  • Administrative expenses were $66,007, about $163 per account.

How the Physicians Group Services, P.a. Dba Family Medical Centers 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017420$10.6 million$272,784$571,895
2018415$10.9 million$742,046$607,459
2019446$10.8 million—$2.61 million
2020385$10.2 million$555,809$3.36 million
2021494$11.7 million$242,787$855,037
2022553$10.9 million$256,558$877,190

Physicians Group Services, P.a. Dba Family Medical Centers 401(k) Contact Information

Phone
904-282-6331
Mailing address
705 WELLS ROAD, SUITE 300, ORANGE PARK FL 32073
Plan sponsor
PHYSICIANS GROUP SERVICES, P.A. DBA FAMILY MEDICAL CENTERS
Employer identification number (EIN)
59-3591435
Plan number
001

Questions about the Physicians Group Services, P.a. Dba Family Medical Centers 401(k)

Does Physicians Group Services, P.a. Dba Family Medical Centers contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $256,558, 14% of all contributions.

Does the Physicians Group Services, P.a. Dba Family Medical Centers 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Physicians Group Services, P.a. Dba Family Medical Centers 401(k) plan?

553 participants at the start of plan year 2022, 363 of them active employees, and 219 former employees who still had money in the plan.

What is the average 401(k) balance at Physicians Group Services, P.a. Dba Family Medical Centers?

About $27,024 per account: $10.9 million in plan assets across 404 accounts with a balance at the end of plan year 2022.

Who manages the Physicians Group Services, P.a. Dba Family Medical Centers 401(k) accounts?

Lincoln Financial (listed on the filing as LINCOLN NATIONAL CORPORATION) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Physicians Group Services, P.a. Dba Family Medical Centers. How do I access my 401(k)?

Your account stays with Lincoln Financial after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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