Albany Medical Center 403 (B) Plan — Form 5500 plan (Albany Med Health System)

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, Albany Medical Center 403 (B) Plan is a benefit plan reported by Albany Med Health System under EIN 14-1641730 and plan number 002. The latest loaded filing year is 2023. The filing reports 12,187 participants and $525,774,236 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Albany Med Health System
EIN
14-1641730
Plan number
002
Plan type
2
Location
Albany, NY
Latest filing year
2023
Participants
12,187
End-of-year plan assets
$525,774,236

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202312,187H, C20241015090202NAL0027891553005

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$525,774,236
Net assets (EOY)
$525,774,236
Net assets (BOY)
$433,439,382

Income & contributions

Employer contributions
$134,607
Participant contributions
$50,021,081
Total contributions
$54,259,499
Total income / additions
$134,011,797

Expenses & distributions

Benefits paid
$41,051,203
Administrative expenses
$650,885
Total expenses
$41,782,144
Net increase / (decrease)
$92,229,653

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$574,090not reported in the loaded dataset2023
Metropolitan Life Insurance CompanyCONTRACT ADMINISTRATOR$181,085not reported in the loaded dataset2023
Strategic Advisors, Inc.ADVISOR$76,945not reported in the loaded dataset2023

Related Form 5500 pages