Mars Hill University Defined Contribution Retirement Plan — Form 5500 plan (Mars Hill University)
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, Mars Hill University Defined Contribution Retirement Plan is a benefit plan reported by Mars Hill University under EIN 56-0554207 and plan number 001. The latest loaded filing year is 2023. The filing reports 242 participants and $38,481,151 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mars Hill University
- EIN
- 56-0554207
- Plan number
- 001
- Plan type
- 2
- Location
- Mars Hill, NC
- Latest filing year
- 2023
- Participants
- 242
- End-of-year plan assets
- $38,481,151
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 242 | H, C | 20250605124946NAL0009165843001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $38,481,151
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $38,481,151
- Net assets (BOY)
- $36,070,146
Income & contributions
- Employer contributions
- $437,873
- Participant contributions
- $575,116
- Total contributions
- $1,012,989
- Total income / additions
- $5,752,214
Expenses & distributions
- Benefits paid
- $3,209,858
- Administrative expenses
- $131,918
- Total expenses
- $3,341,776
- Net increase / (decrease)
- $2,410,438
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Millennium Advisory Services, Inc. | ADVISOR | $83,602 | not reported in the loaded dataset | 2023 |
| Tiaa-Teachers Insurance And Annuity | RECORDKEEPER | $31,061 | $0 | 2023 |
| Trg Advisors, Inc | ADVISOR | $17,255 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Mars Hill University
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Mars Hill, NC
- Millennium Advisory Services, Inc. — Schedule C compensation
- Tiaa-Teachers Insurance And Annuity — Schedule C compensation
- Trg Advisors, Inc — Schedule C compensation