Franklin Primary Health Center, Inc. 403(B) Plan — Form 5500 plan (Franklin Primary Health 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, Franklin Primary Health Center, Inc. 403(B) Plan is a benefit plan reported by Franklin Primary Health Center, Inc under EIN 63-0695975 and plan number 002. The latest loaded filing year is 2023. The filing reports 294 participants and $7,067,161 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$7.1MPlan net assets, end of year$7,067,161
Participants294Covered participants reported
Assets / participant$24KComputed: assets ÷ participants$24,038 (computed)
Provider compensation$43.6K2 Schedule C provider row(s)$43,580
- Plan sponsor
- Franklin Primary Health Center, Inc
- EIN
- 63-0695975
- Plan number
- 002
- Plan type
- 2
- Location
- Mobile, AL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 294 | H, C | 20241015145830NAL0014899731001 |
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)$7.1M total assets
Net assets$7.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $7,067,161
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,067,161
- Net assets (BOY)
- $5,851,409
Income & contributions
- Employer contributions
- $129,792
- Participant contributions
- $570,851
- Total contributions
- $713,674
- Total income / additions
- $1,818,143
Expenses & distributions
- Benefits paid
- $565,719
- Administrative expenses
- $35,286
- Total expenses
- $602,391
- Net increase / (decrease)
- $1,215,752
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.
19%81%
Employer 19%Participant 81%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income31%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $35,286 | $0 | 2023 |
| Kestra Investment Services LLC | BROKER/DEALER | $0 | $8,294 | 2023 |