2023 Form 5500 filing — Umass Memorial Health Care 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 20241015113256NAL0014496947001) for Umass Memorial Health Care 401(K) Plan, reported by Umass Memorial Health Care, Inc. under EIN 04-3358566 and plan number 003. It reports 15,534 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015113256NAL0014496947001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Umass Memorial Health Care, Inc.
- EIN
- 04-3358566
- Plan number
- 003
- Location
- Worcester, MA
- Participants
- 15,534
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,246,261,606
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,246,261,606
- Employer contributions
- $27,982,291
- Participant contributions
- $51,865,210
- Total income / additions
- $298,732,920
- Benefits paid
- $76,085,449
- Administrative expenses
- $761,295
- Total expenses
- $76,864,767
- Net increase / (decrease)
- $221,868,153
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $665,686 | $0 |
| Fiducient Advisors LLC | INVESTMENT ADVISOR | $45,560 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $28,104 | not reported in the loaded dataset |
| Cohnreznick Llp | ACCOUNTANT/AUDITOR | $21,945 | not reported in the loaded dataset |