2023 Form 5500 filing — Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus 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 20240807073651NAL0003445537001) for Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan, reported by Lakeland Mental Health Center, Inc. under EIN 41-0843966 and plan number 002. It reports 227 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240807073651NAL0003445537001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lakeland Mental Health Center, Inc.
- EIN
- 41-0843966
- Plan number
- 002
- Location
- Fergus Falls, MN
- Participants
- 227
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,412,352
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,412,352
- Employer contributions
- $536,684
- Participant contributions
- $929,338
- Total income / additions
- $5,146,277
- Benefits paid
- $1,598,278
- Administrative expenses
- $7,808
- Total expenses
- $1,606,086
- Net increase / (decrease)
- $3,540,191
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $9,571 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$1,763 | $0 |