Lynn Community Health Center Retirement Plan — Form 5500 plan (Lynn Community Health Inc)
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, Lynn Community Health Center Retirement Plan is a benefit plan reported by Lynn Community Health Inc under EIN 04-2525066 and plan number 001. The latest loaded filing year is 2023. The filing reports 740 participants and $7,167,200 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lynn Community Health Inc
- EIN
- 04-2525066
- Plan number
- 001
- Plan type
- 2
- Location
- Lynn, MA
- Latest filing year
- 2023
- Participants
- 740
- End-of-year plan assets
- $7,167,200
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 740 | H, C | 20240926141512NAL0000776289001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,167,200
- Total liabilities (EOY)
- $634
- Net assets (EOY)
- $7,166,566
- Net assets (BOY)
- $2,749,049
Income & contributions
- Employer contributions
- $651,128
- Participant contributions
- $2,498,648
- Total contributions
- $3,824,960
- Total income / additions
- $4,677,450
Expenses & distributions
- Benefits paid
- $229,322
- Administrative expenses
- $30,611
- Total expenses
- $259,933
- Net increase / (decrease)
- $4,417,517
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sentinel Benefits Group, LLC | N/A | $16,349 | not reported in the loaded dataset | 2023 |
| Sentinel Pension Advisors | N/A | $12,538 | not reported in the loaded dataset | 2023 |