2023 Form 5500 filing — North American Family Institute, Inc. 403(B) 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 20250320170631NAL0011743984001) for North American Family Institute, Inc. 403(B) Plan, reported by North American Family Institute, Inc. under EIN 04-2921507 and plan number 002. It reports 1,565 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250320170631NAL0011743984001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- North American Family Institute, Inc.
- EIN
- 04-2921507
- Plan number
- 002
- Location
- Stoneham, MA
- Participants
- 1,565
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $26,477,034
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,477,034
- Employer contributions
- $1,224,308
- Participant contributions
- $2,734,442
- Total income / additions
- $7,554,082
- Benefits paid
- $2,455,724
- Administrative expenses
- $137,414
- Total expenses
- $2,603,984
- Net increase / (decrease)
- $4,950,098
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $106,061 | $0 |
| Map Retirement Usa LLC | CONTRACT ADMINISTRATOR | $31,059 | $20,757 |
| Rbc Capital Markets, LLC | INVESTMENT ADVISORY | $0 | $41,009 |