Plan5500

Element Care, Inc. 403(B) Plan — Form 5500 plan (Element Care, 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, Element Care, Inc. 403(B) Plan is a benefit plan reported by Element Care, Inc. under EIN 04-3267751 and plan number 001. The latest loaded filing year is 2023. The filing reports 406 participants and $21,511,163 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Element Care, Inc.
EIN
04-3267751
Plan number
001
Plan type
2
Location
Lynn, MA
Latest filing year
2023
Participants
406
End-of-year plan assets
$21,511,163

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023406H, C20250413105722NAL0000369105001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$21,511,163
Total liabilities (EOY)
$0
Net assets (EOY)
$21,511,163
Net assets (BOY)
$17,676,949

Income & contributions

Employer contributions
$595,145
Participant contributions
$1,775,232
Total contributions
$2,534,490
Total income / additions
$5,207,458

Expenses & distributions

Benefits paid
$1,303,640
Administrative expenses
$69,604
Total expenses
$1,373,244
Net increase / (decrease)
$3,834,214

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Sentinel Pension AdvisorsN/A$33,358not reported in the loaded dataset2023
Sentinel Benefits Group, LLCN/A$29,822not reported in the loaded dataset2023
Charles Schwab Trust BankN/A$6,424not reported in the loaded dataset2023

Related Form 5500 pages