University Of Mount Olive 401(K) Plan — Form 5500 plan (University Of Mount Olive)
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, University Of Mount Olive 401(K) Plan is a benefit plan reported by University Of Mount Olive under EIN 56-0623936 and plan number 002. The latest loaded filing year is 2023. The filing reports 479 participants and $27,493,946 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$27.5MPlan net assets, end of year$27,493,946
Participants479Covered participants reported
Assets / participant$57.4KComputed: assets ÷ participants$57,399 (computed)
Provider compensation$89.9K3 Schedule C provider row(s)$89,869
- Plan sponsor
- University Of Mount Olive
- EIN
- 56-0623936
- Plan number
- 002
- Plan type
- 2
- Location
- Mount Olive, NC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 479 | H, C | 20241218091648NAL0003530865001 |
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)$27.5M total assets
Net assets$27.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $27,493,946
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,493,946
- Net assets (BOY)
- $25,684,375
Income & contributions
- Employer contributions
- $45,244
- Participant contributions
- $721,626
- Total contributions
- $766,870
- Total income / additions
- $4,212,055
Expenses & distributions
- Benefits paid
- $2,312,124
- Administrative expenses
- $89,869
- Total expenses
- $2,402,484
- Net increase / (decrease)
- $1,809,571
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.
94%
Employer 6%Participant 94%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income55%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Tiaa | NONE | $46,567 | $0 | 2023 |
| Lpl Financial | NONE | $22,584 | not reported in the loaded dataset | 2023 |
| Mma Securities LLC | NONE | $20,718 | not reported in the loaded dataset | 2023 |