The Prison Fellowship Ministries 403(B) Retirement Plan — Form 5500 plan (Prison Fellowship Ministries)

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, The Prison Fellowship Ministries 403(B) Retirement Plan is a benefit plan reported by Prison Fellowship Ministries under EIN 62-0988294 and plan number 002. The latest loaded filing year is 2023. The filing reports 420 participants and $21,150,456 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$21.2MPlan net assets, end of year$21,150,456
Participants420Covered participants reported
Assets / participant$50.4KComputed: assets ÷ participants$50,358 (computed)
Provider compensation$73.1K3 Schedule C provider row(s)$73,112
Plan sponsor
Prison Fellowship Ministries
EIN
62-0988294
Plan number
002
Plan type
2
Location
Lansdowne, VA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023420H, C20240711120645NAL0009312707003
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)$21.2M total assets
Net assets$21.2MLiabilities
Money in vs. money out
Total income / additions$5.8M
Total expenses$5.1M
Benefits paid / distributions$5M
Contributions
Employer$729.6K
Participant$1.7M
Full reported line items

Net assets

Total assets (EOY)
$21,150,456
Net assets (EOY)
$21,150,456
Net assets (BOY)
$20,402,196

Income & contributions

Employer contributions
$729,594
Participant contributions
$1,724,490
Total contributions
$2,473,608
Total income / additions
$5,849,709

Expenses & distributions

Benefits paid
$5,029,756
Administrative expenses
$71,693
Total expenses
$5,101,449
Net increase / (decrease)
$748,260
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 assets24%Computed ratio
Benefits paid ÷ total income86%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Transamerica Retirement SolutionsRECORD KEEPER$36,693$02023
Capfinancial Partners LLCBROKER$35,000$1,4192023
National Financial ServicesSECURITIES BROKER$0$02023

Related Form 5500 pages