Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan — Form 5500 plan (Lakeland Mental Health Center, 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, Lakeland Mental Health Center, Inc. Employees' Profit Sharing Plus Plan is a benefit plan reported by Lakeland Mental Health Center, Inc. under EIN 41-0843966 and plan number 002. The latest loaded filing year is 2023. The filing reports 227 participants and $21,412,352 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Lakeland Mental Health Center, Inc.
EIN
41-0843966
Plan number
002
Plan type
2
Location
Fergus Falls, MN
Latest filing year
2023
Participants
227
End-of-year plan assets
$21,412,352

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023227H, C20240807073651NAL0003445537001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$21,412,352
Total liabilities (EOY)
$0
Net assets (EOY)
$21,412,352
Net assets (BOY)
$17,872,161

Income & contributions

Employer contributions
$536,684
Participant contributions
$929,338
Total contributions
$1,503,473
Total income / additions
$5,146,277

Expenses & distributions

Benefits paid
$1,598,278
Administrative expenses
$7,808
Total expenses
$1,606,086
Net increase / (decrease)
$3,540,191

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$9,571not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER-$1,763$02023

Related Form 5500 pages