2023 Form 5500 filing — Olmsted Medical Center Retirement Savings 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 20240924092005NAL0007318019001) for Olmsted Medical Center Retirement Savings Plan, reported by Olmsted Medical Center under EIN 41-0855367 and plan number 001. It reports 1,814 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240924092005NAL0007318019001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Olmsted Medical Center
- EIN
- 41-0855367
- Plan number
- 001
- Location
- Rochester, MN
- Participants
- 1,814
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $269,809,756
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $269,809,756
- Employer contributions
- $6,397,980
- Participant contributions
- $10,520,883
- Total income / additions
- $58,225,055
- Benefits paid
- $19,072,433
- Administrative expenses
- $258,464
- Total expenses
- $19,330,897
- Net increase / (decrease)
- $38,894,158
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Francis Investment Counsel | CONSULTANT | $145,522 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $112,992 | $0 |