Plan5500

Southeastern Minnesota Center For Independent Living, Inc. 403(B) Plan — Form 5500 plan (Southeastern Minnesota Center For Independent Living, 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, Southeastern Minnesota Center For Independent Living, Inc. 403(B) Plan is a benefit plan reported by Southeastern Minnesota Center For Independent Living, Inc. under EIN 41-1387414 and plan number 001. The latest loaded filing year is 2023. The filing reports 184 participants and $3,728,591 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.7MPlan net assets, end of year$3,728,591
Participants184Covered participants reported
Assets / participant$20.3KComputed: assets ÷ participants$20,264 (computed)
Provider compensation$44.1K4 Schedule C provider row(s)$44,149
Plan sponsor
Southeastern Minnesota Center For Independent Living, Inc.
EIN
41-1387414
Plan number
001
Plan type
2
Location
Rochester, MN
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    184 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$3.7M total assets
Net assets$3.7MLiabilities$0
Money in vs. money out
Total income / additions$1.2M
Total expenses$611.7K
Benefits paid / distributions$580.1K
Contributions
Employer$124.8K
Participant$286.5K
Full reported line items

Net assets

Total assets (EOY)
$3,728,591
Total liabilities (EOY)
$0
Net assets (EOY)
$3,728,591
Net assets (BOY)
$3,186,326

Income & contributions

Employer contributions
$124,765
Participant contributions
$286,536
Total contributions
$538,966
Total income / additions
$1,153,975

Expenses & distributions

Benefits paid
$580,145
Administrative expenses
$31,565
Total expenses
$611,710
Net increase / (decrease)
$542,265
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 30%Participant 70%
Total expenses ÷ net assets16%Computed ratio
Benefits paid ÷ total income50%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Principal Life Insurance Company$28.8K
    CONTRACT ADMINISTRATOR · Direct $28.8K · Indirect $0
  2. 2
    Ameriprise Financial Service, Inc.$10K
    OTHER SERVICES · Direct $0 · Indirect $10K
  3. 3
    Mutual Of America Sec. Corp LLC$5K
    RECORD KEEPER · Direct $5K · Indirect $0
  4. 4
    Wilshire Associates Inc.$290
    FIDUCIARY ADVISOR · Direct $290 · Indirect $0

What to inspect next

Frequently asked questions

Who sponsors the Southeastern Minnesota Center For Independent Living, Inc. 403(B) Plan?
Southeastern Minnesota Center For Independent Living, Inc. 403(B) Plan is reported as sponsored by Southeastern Minnesota Center For Independent Living, Inc. (EIN 41-1387414, plan number 001) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Southeastern Minnesota Center For Independent Living, Inc. 403(B) Plan?
The latest Form 5500 filing year loaded for Southeastern Minnesota Center For Independent Living, Inc. 403(B) Plan is 2023.
How many participants does Southeastern Minnesota Center For Independent Living, Inc. 403(B) Plan report?
Southeastern Minnesota Center For Independent Living, Inc. 403(B) Plan reports 184 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Southeastern Minnesota Center For Independent Living, Inc. 403(B) Plan?
Southeastern Minnesota Center For Independent Living, Inc. 403(B) Plan reports $3,728,591 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages