Village Practice Management Comp 401(k) Plan (terminated 2023): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2023, when $152.2 million was transferred out of the plan. Assets moved to the SUMMIT CITY MD 401(K) PLAN (sponsored by WP CITYMD BIDCO, LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Village Practice Management Comp 401(k) Plan Facts (plan year 2023)

Plan name
VILLAGE MD 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
VILLAGE PRACTICE MANAGEMENT CO.
Participants
6,805
Former employees with a balance
0
Employer contributions
$13,550,959 in plan year 2023 (24% of all contributions)
Recordkeeper
Adp, Inc.
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Jan 1, 2017
✓ 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 2023 (Jan 1, 2023 – Dec 31, 2023), filed Nov 25, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $56.6 million went into the plan in contributions, $13.6 million of it from the employer (24%).
  • $16.3 million was paid out to participants.
  • Investment and other income added $20.7 million.

How the Village Practice Management Comp 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2018225$4.98 million$755,974$186,351
2019319$20.0 million$1.50 million$434,633
20201,019$34.6 million$2.68 million$1.30 million
20211,622$59.3 million$5.01 million$5.54 million
20223,949$91.7 million$10.5 million$8.00 million
2023 (final)6,805$0$13.6 million$16.3 million

Village Practice Management Comp 401(k) Contact Information

Phone
908-603-8666
Mailing address
433 W. VAN BUREN ST., SUITE 5105, CHICAGO IL 60607
Plan sponsor
VILLAGE PRACTICE MANAGEMENT CO.
Employer identification number (EIN)
46-2975838
Plan number
001

Questions about the Village Practice Management Comp 401(k)

Is the Village Practice Management Comp 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2023. Its assets were transferred to the SUMMIT CITY MD 401(K) PLAN.

Does Village Practice Management Comp contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $13.6 million, 24% of all contributions.

Does the Village Practice Management Comp 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Village Practice Management Comp 401(k) plan?

6,805 participants at the start of plan year 2023.

Who manages the Village Practice Management Comp 401(k) accounts?

ADP Retirement Services (listed on the filing as ADP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

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