2023 Form 5500 filing — Newport Healthcare 401(K) 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 20241002093849NAL0008095265001) for Newport Healthcare 401(K) Plan, reported by Monroe Operations, LLC under EIN 26-0605517 and plan number 001. It reports 2,113 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002093849NAL0008095265001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Monroe Operations, LLC
- EIN
- 26-0605517
- Plan number
- 001
- Location
- Nashville, TN
- Participants
- 2,113
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,369,256
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,369,256
- Employer contributions
- $552,397
- Participant contributions
- $3,737,546
- Total income / additions
- $7,755,406
- Benefits paid
- $1,272,503
- Administrative expenses
- $155,269
- Total expenses
- $1,613,426
- Net increase / (decrease)
- $6,141,980
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $95,754 | $0 |
| Access Retirement Services LLC | CONTRACT ADMIN | $47,572 | not reported in the loaded dataset |
| Envestnet Retirement Solutions, LLC | INVESTMENT ADVISOR | $2,079 | $22,977 |
| Raymond James Financial Services | BROKER/ADVISOR | $0 | $22,977 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $9,844 | not reported in the loaded dataset |