Madigan Estates 401(K) Profit Sharing Plan — Form 5500 plan (Maple Grove Nursing Home, Inc. Dba Madigan Estates)

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, Madigan Estates 401(K) Profit Sharing Plan is a benefit plan reported by Maple Grove Nursing Home, Inc. Dba Madigan Estates under EIN 01-0317512 and plan number 001. The latest loaded filing year is 2023. The filing reports 173 participants and $4,048,890 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4MPlan net assets, end of year$4,048,890
Participants173Covered participants reported
Assets / participant$23.4KComputed: assets ÷ participants$23,404 (computed)
Provider compensation$33.2K3 Schedule C provider row(s)$33,176
Plan sponsor
Maple Grove Nursing Home, Inc. Dba Madigan Estates
EIN
01-0317512
Plan number
001
Plan type
2
Location
Houlton, ME
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023173H, C20241011103806NAL0036680576001
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)$4M total assets
Net assets$4MLiabilities$0
Money in vs. money out
Total income / additions$790.8K
Total expenses$546.3K
Benefits paid / distributions$510.1K
Contributions
Employer$62.8K
Participant$176.9K
Full reported line items

Net assets

Total assets (EOY)
$4,048,890
Total liabilities (EOY)
$0
Net assets (EOY)
$4,048,890
Net assets (BOY)
$3,804,429

Income & contributions

Employer contributions
$62,791
Participant contributions
$176,947
Total contributions
$239,738
Total income / additions
$790,780

Expenses & distributions

Benefits paid
$510,108
Administrative expenses
$33,176
Total expenses
$546,319
Net increase / (decrease)
$244,461
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.

Contribution share (employer vs. participant)
Employer 26%Participant 74%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income65%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lifemark Securities CorpADVISOR$19,458not reported in the loaded dataset2023
Berry Dunn Mcneil & Parker, LLCACCOUNTANT/AUDITOR$10,250not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$3,468$02023

Related Form 5500 pages