2023 Form 5500 filing — University Management, Inc. Employees Profit Sharing Plan And Trust
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 20240829104714NAL0012994833001) for University Management, Inc. Employees Profit Sharing Plan And Trust, reported by University Management, Inc. under EIN 64-0657688 and plan number 001. It reports 883 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240829104714NAL0012994833001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- University Management, Inc.
- EIN
- 64-0657688
- Plan number
- 001
- Location
- Columbus, MS
- Participants
- 883
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,360,759
- Total liabilities (EOY)
- $1,724
- Net assets (EOY)
- $4,359,035
- Employer contributions
- $92,474
- Participant contributions
- $373,437
- Total income / additions
- $1,141,335
- Benefits paid
- $800,461
- Administrative expenses
- $4,982
- Total expenses
- $807,167
- Net increase / (decrease)
- $334,168
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Azalea Administration | TPA | $7,117 | $2,092 |
| Empower Advisory Group | INVESTMENT MGMT | $1,998 | $0 |
| Empower Annutiy Insurance Company | RECORDKEEPER | $1,995 | $0 |