2023 Form 5500 filing — Rainy Lake Medical Center 401(K) 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 20241007100620NAL0031434562001) for Rainy Lake Medical Center 401(K) Retirement Plan, reported by International Falls Memorial Hospital Association under EIN 41-0726171 and plan number 002. It reports 221 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007100620NAL0031434562001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- International Falls Memorial Hospital Association
- EIN
- 41-0726171
- Plan number
- 002
- Location
- International Falls, MN
- Participants
- 221
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,954,639
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,954,639
- Employer contributions
- $294,963
- Participant contributions
- $1,138,232
- Total income / additions
- $3,202,951
- Benefits paid
- $933,798
- Administrative expenses
- $50,576
- Total expenses
- $984,374
- Net increase / (decrease)
- $2,218,577
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Stancorp Financail Group | NONE | $29,845 | not reported in the loaded dataset |
| Concourse Financial Group | INVESTMENT ADVISORY | $20,731 | not reported in the loaded dataset |