2023 Form 5500 filing — Salem Clinic, P.C. 401(K) Cash Or Deferred 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 20241015105710NAL0029324193002) for Salem Clinic, P.C. 401(K) Cash Or Deferred Savings Plan, reported by Salem Clinic, P.C. under EIN 93-0791519 and plan number 004. It reports 596 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015105710NAL0029324193002
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Salem Clinic, P.C.
- EIN
- 93-0791519
- Plan number
- 004
- Location
- Salem, OR
- Participants
- 596
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $104,771,862
- Net assets (EOY)
- $104,771,862
- Employer contributions
- $3,877,860
- Participant contributions
- $1,812,194
- Total income / additions
- $22,533,501
- Benefits paid
- $14,041,906
- Administrative expenses
- $19,249
- Total expenses
- $14,066,916
- Net increase / (decrease)
- $8,466,585
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Schwab Retirement Plan Services,Inc | RECORDKEEPER | $19,199 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | RECORDKEEPER | $65 | $0 |