Mountain Area Health Education Center, Inc. Retirement Plan — Form 5500 plan (Mountain Area Health Education 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, Mountain Area Health Education Center, Inc. Retirement Plan is a benefit plan reported by Mountain Area Health Education Center, Inc. under EIN 56-1071426 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,295 participants and $67,680,311 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Mountain Area Health Education Center, Inc.
EIN
56-1071426
Plan number
002
Plan type
2
Location
Asheville, NC
Latest filing year
2023
Participants
1,295
End-of-year plan assets
$67,680,311

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,295H, C20240815080641NAL0022023616001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$67,680,311
Total liabilities (EOY)
$0
Net assets (EOY)
$67,680,311
Net assets (BOY)
$54,173,063

Income & contributions

Employer contributions
$1,419,936
Participant contributions
$5,069,758
Total contributions
$7,516,134
Total income / additions
$17,545,698

Expenses & distributions

Benefits paid
$3,861,755
Administrative expenses
$176,696
Total expenses
$4,038,451
Net increase / (decrease)
$13,507,247

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$176,153$02023
Colton Groome Financial Advisors, LINVESTMENT ADVISORY$0$30,4752023

Related Form 5500 pages