2023 Form 5500 filing — 403(B) Thrift Plan Of Economic Improvement Council, Inc.
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 20241002091554NAL0003918035001) for 403(B) Thrift Plan Of Economic Improvement Council, Inc., reported by Economic Improvement Council, Inc. under EIN 56-0857026 and plan number 002. It reports 274 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002091554NAL0003918035001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Economic Improvement Council, Inc.
- EIN
- 56-0857026
- Plan number
- 002
- Location
- Edenton, NC
- Participants
- 274
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,931,493
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,931,493
- Employer contributions
- $458,898
- Participant contributions
- $72,860
- Total income / additions
- $955,908
- Benefits paid
- $248,372
- Administrative expenses
- $7,007
- Total expenses
- $255,379
- Net increase / (decrease)
- $700,529
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Mutual Of America Investment Corp | RECORD KEEPER | $5,307 | $0 |
| Lincoln National Corporation-Aps | SERVICE PROVIDER | $4,187 | $0 |
| Mutual Of America Investment Corp | INSURANCE CARRIER | $3,897 | $0 |
| Mutual Of America Life Insurance Co | INSURANCE CARRIER | $1,714 | $0 |
| Lincoln National Corp | SERVICE PROVIDER | $1,700 | $0 |
| Mutual Of America Investment Corp | INSURANCE CARRIER | $909 | $0 |
| Lincoln National Corporation-Gap | SERVICE PROVIDER | $70 | $0 |