Shore Medical Center Pension Plan — Form 5500 plan (Shore 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, Shore Medical Center Pension Plan is a benefit plan reported by Shore Medical Center under EIN 21-0660835 and plan number 001. The latest loaded filing year is 2023. The filing reports 982 participants and $169,405,483 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Shore Medical Center
- EIN
- 21-0660835
- Plan number
- 001
- Plan type
- 2
- Location
- Somers Point, NJ
- Latest filing year
- 2023
- Participants
- 982
- End-of-year plan assets
- $169,405,483
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 982 | H, C | 20241015133312NAL0057856562001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $169,405,483
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $169,405,483
- Net assets (BOY)
- $151,765,704
Income & contributions
- Employer contributions
- $6,000,000
- Total contributions
- $5,938,967
- Total income / additions
- $29,307,794
Expenses & distributions
- Benefits paid
- $9,939,751
- Administrative expenses
- $1,728,264
- Total expenses
- $11,668,015
- Net increase / (decrease)
- $17,639,779
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Prudential Insurance Company | NONE | $881,461 | $0 | 2023 |
| Cbiz | NONE | $76,839 | not reported in the loaded dataset | 2023 |
| Captrust | NONE | $25,000 | not reported in the loaded dataset | 2023 |
| Pnc | NONE | $10,428 | not reported in the loaded dataset | 2023 |