2023 Form 5500 filing — Albany Medical Center 403 (B) 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 20241015090202NAL0027891553005) for Albany Medical Center 403 (B) Plan, reported by Albany Med Health System under EIN 14-1641730 and plan number 002. It reports 12,187 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015090202NAL0027891553005
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Albany Med Health System
- EIN
- 14-1641730
- Plan number
- 002
- Location
- Albany, NY
- Participants
- 12,187
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $525,774,236
- Net assets (EOY)
- $525,774,236
- Employer contributions
- $134,607
- Participant contributions
- $50,021,081
- Total income / additions
- $134,011,797
- Benefits paid
- $41,051,203
- Administrative expenses
- $650,885
- Total expenses
- $41,782,144
- Net increase / (decrease)
- $92,229,653
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $574,090 | not reported in the loaded dataset |
| Metropolitan Life Insurance Company | CONTRACT ADMINISTRATOR | $181,085 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $76,945 | not reported in the loaded dataset |