Mount Desert Island Hospital Employee Savings Plan — Form 5500 plan (Mount Desert Island Hospital)
Plain-English plan 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, Mount Desert Island Hospital Employee Savings Plan is a benefit plan reported by Mount Desert Island Hospital under EIN 01-0211797 and plan number 003. The latest loaded filing year is 2023. The filing reports 748 participants and $44,058,499 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$44.1MPlan net assets, end of year$44,058,499
Participants748Covered participants reported
Assets / participant$58.9KComputed: assets ÷ participants$58,902 (computed)
Provider compensation$48.6K1 Schedule C provider row(s)$48,628
- Plan sponsor
- Mount Desert Island Hospital
- EIN
- 01-0211797
- Plan number
- 003
- Plan type
- 2
- Location
- Bar Harbor, ME
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 748 | H, C | 20240828143622NAL0026364626001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$44.1M total assets
Net assets$44.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $44,058,499
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $44,058,499
- Net assets (BOY)
- $38,355,159
Income & contributions
- Employer contributions
- $696,100
- Participant contributions
- $1,913,374
- Total contributions
- $2,795,150
- Total income / additions
- $8,162,428
Expenses & distributions
- Benefits paid
- $2,459,088
- Administrative expenses
- $0
- Total expenses
- $2,459,088
- Net increase / (decrease)
- $5,703,340
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
27%73%
Employer 27%Participant 73%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income30%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Tiaa | SERVICE PROVIDER | $48,628 | $0 | 2023 |