Tax Sheltered Annuity Plan For Employees Of Northern Maine Medical Center To Include Forest Hill And Valley Medical Association — Form 5500 plan (Northern Maine Medical Center)
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, Tax Sheltered Annuity Plan For Employees Of Northern Maine Medical Center To Include Forest Hill And Valley Medical Association is a benefit plan reported by Northern Maine Medical Center under EIN 01-0234189 and plan number 001. The latest loaded filing year is 2023. The filing reports 751 participants and $35,707,334 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Northern Maine Medical Center
- EIN
- 01-0234189
- Plan number
- 001
- Plan type
- 2
- Location
- Fort Kent, ME
- Latest filing year
- 2023
- Participants
- 751
- End-of-year plan assets
- $35,707,334
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 751 | H, C | 20241007160600NAL0026646208001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $35,707,334
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $35,707,334
- Net assets (BOY)
- $35,186,206
Income & contributions
- Employer contributions
- $435,781
- Participant contributions
- $1,401,669
- Total contributions
- $2,472,902
- Total income / additions
- $6,486,179
Expenses & distributions
- Benefits paid
- $5,926,190
- Administrative expenses
- $37,602
- Total expenses
- $5,965,051
- Net increase / (decrease)
- $521,128
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Old Port Advisors | SERVICE PROVIDER | $21,000 | $0 | 2023 |
| Lincoln National Corporation | SERVICE PROVIDER | $16,602 | $0 | 2023 |