2023 Form 5500 filing — Caromont Health, Inc. 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 20241015135857NAL0029875313001) for Caromont Health, Inc. Retirement Savings Plan, reported by Caromont Health, Inc. under EIN 58-1636959 and plan number 002. It reports 4,961 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015135857NAL0029875313001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Caromont Health, Inc.
- EIN
- 58-1636959
- Plan number
- 002
- Location
- Gastonia, NC
- Participants
- 4,961
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $444,128,487
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $444,128,487
- Employer contributions
- $13,680,898
- Participant contributions
- $18,886,785
- Total income / additions
- $98,961,364
- Benefits paid
- $29,326,644
- Administrative expenses
- $43,978
- Total expenses
- $29,508,812
- Net increase / (decrease)
- $69,452,552
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lincoln National Corporation | SERVICE PROVIDER | $43,978 | $0 |