2023 Form 5500 filing — Magnolia Regional Medical Center 401(K) 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 20241011091315NAL0012314787001) for Magnolia Regional Medical Center 401(K) Plan, reported by Magnolia Regional Health System, Inc. under EIN 85-0512754 and plan number 003. It reports 229 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$6.3MReported net assets$6,287,978
Participants229
Provider compensation$25K2 Schedule C row(s)$24,952
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241011091315NAL0012314787001
- Plan sponsor
- Magnolia Regional Health System, Inc.
- EIN
- 85-0512754
- Plan number
- 003
- Location
- Magnolia, AR
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$6.3M total assets
Net assets$6.3MLiabilities$0
Full reported line items
- Total assets (EOY)
- $6,287,978
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,287,978
- Employer contributions
- $280,190
- Participant contributions
- $543,933
- Total income / additions
- $1,585,315
- Benefits paid
- $509,171
- Administrative expenses
- $24,952
- Total expenses
- $539,934
- Net increase / (decrease)
- $1,045,381
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Qualified Plan Advisors-Little Rock | ADVISOR | $15,668 | not reported in the loaded dataset |
| Newport Group, Inc. | RECORDKEEPER | $9,284 | $0 |