2023 Form 5500 filing — Lees-Mcrae College 403(B) Retirement Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240725131549NAL0009270179001) for Lees-Mcrae College 403(B) Retirement Plan, reported by Lees-Mcrae College, Inc. under EIN 56-0529953 and plan number 001. It reports 286 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240725131549NAL0009270179001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lees-Mcrae College, Inc.
- EIN
- 56-0529953
- Plan number
- 001
- Location
- Banner Elk, NC
- Participants
- 286
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,714,806
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,714,806
- Employer contributions
- $231,944
- Participant contributions
- $268,121
- Total income / additions
- $2,400,978
- Benefits paid
- $1,639,691
- Administrative expenses
- $125
- Total expenses
- $1,639,816
- Net increase / (decrease)
- $761,162
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Tiaa - Teachers Insurance & Annuity | RECORDKEEPER | $425 | $0 |