2023 Form 5500 filing — Lahey Clinic 403(B) Retirement 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 20241015120347NAL0014566099001) for Lahey Clinic 403(B) Retirement Savings Plan, reported by Lahey Clinic Foundation, Inc. under EIN 04-2323457 and plan number 002. It reports 10,515 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015120347NAL0014566099001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lahey Clinic Foundation, Inc.
- EIN
- 04-2323457
- Plan number
- 002
- Location
- Burlington, MA
- Participants
- 10,515
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Employer contributions
- $46,586,753
- Participant contributions
- $61,307,959
- Total income / additions
- $304,528,687
- Benefits paid
- $103,746,254
- Administrative expenses
- $574,390
- Total expenses
- $104,785,773
- Net increase / (decrease)
- $199,742,914
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Willis Towers Watson | CONSULTANT | $369,646 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $38,269 | not reported in the loaded dataset |
| Nepc | CONSULTANT | $33,994 | not reported in the loaded dataset |
| Bdo | ACCOUNTANT/AUDITOR | $25,327 | not reported in the loaded dataset |
| Verrill | CONSULTANT | $10,126 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$1,530,607 | $0 |