Methodist Retirement Communities & Its Affiliated Organizations Associates 401(K) Plan — Form 5500 plan (Methodist Retirement Communities)
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, Methodist Retirement Communities & Its Affiliated Organizations Associates 401(K) Plan is a benefit plan reported by Methodist Retirement Communities under EIN 74-1403088 and plan number 001. The latest loaded filing year is 2023. The filing reports 754 participants and $10,054,946 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Methodist Retirement Communities
- EIN
- 74-1403088
- Plan number
- 001
- Plan type
- 2
- Location
- The Woodlands, TX
- Latest filing year
- 2023
- Participants
- 754
- End-of-year plan assets
- $10,054,946
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 754 | H, C | 20240926200109NAL0000708003001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,054,946
- Total liabilities (EOY)
- $1,087
- Net assets (EOY)
- $10,053,859
- Net assets (BOY)
- $8,306,858
Income & contributions
- Employer contributions
- $346,982
- Participant contributions
- $845,300
- Total contributions
- $1,233,843
- Total income / additions
- $2,574,533
Expenses & distributions
- Benefits paid
- $721,454
- Administrative expenses
- $83,188
- Total expenses
- $827,532
- Net increase / (decrease)
- $1,747,001
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ballew Advisors, Inc. | RIA | $26,140 | $0 | 2023 |
| Compensation Strategies Group, Ltd. | TPA | $11,334 | $0 | 2023 |
| John Hancock Life Insurance Co Usa | RECORDKEEPER | $9,091 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Methodist Retirement Communities
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in The Woodlands, TX
- Ballew Advisors, Inc. — Schedule C compensation
- Compensation Strategies Group, Ltd. — Schedule C compensation
- John Hancock Life Insurance Co Usa — Schedule C compensation