2023 Form 5500 filing — Mount Desert Island Hospital Employee Savings Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240828143622NAL0026364626001) for Mount Desert Island Hospital Employee Savings Plan, reported by Mount Desert Island Hospital under EIN 01-0211797 and plan number 003. It reports 748 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$44.1MReported net assets$44,058,499
Participants748
Provider compensation$48.6K1 Schedule C row(s)$48,628
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240828143622NAL0026364626001
Plan sponsor
Mount Desert Island Hospital
EIN
01-0211797
Plan number
003
Location
Bar Harbor, ME
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$44.1M total assets
Net assets$44.1MLiabilities$0
Money in vs. money out
Total income / additions$8.2M
Total expenses$2.5M
Benefits paid / distributions$2.5M
Contributions
Employer$696.1K
Participant$1.9M
Full reported line items
Total assets (EOY)
$44,058,499
Total liabilities (EOY)
$0
Net assets (EOY)
$44,058,499
Employer contributions
$696,100
Participant contributions
$1,913,374
Total income / additions
$8,162,428
Benefits paid
$2,459,088
Administrative expenses
$0
Total expenses
$2,459,088
Net increase / (decrease)
$5,703,340

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
TiaaSERVICE PROVIDER$48,628$0

Related Form 5500 pages