Penobscot Community Health Center 403(B) Plan — Form 5500 plan (Penobscot Community Health Center)
Plain-English plan 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, Penobscot Community Health Center 403(B) Plan is a benefit plan reported by Penobscot Community Health Center under EIN 01-0514750 and plan number 002. The latest loaded filing year is 2023. The filing reports 917 participants and $35,916,028 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Penobscot Community Health Center
- EIN
- 01-0514750
- Plan number
- 002
- Plan type
- 2
- Location
- Bangor, ME
- Latest filing year
- 2023
- Participants
- 917
- End-of-year plan assets
- $35,916,028
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 917 | H, C | 20241014181302NAL0028063121007 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $35,916,028
- Total liabilities (EOY)
- $2,130
- Net assets (EOY)
- $35,913,898
- Net assets (BOY)
- $28,895,593
Income & contributions
- Employer contributions
- $785,862
- Participant contributions
- $3,754,247
- Total contributions
- $5,020,356
- Total income / additions
- $9,933,684
Expenses & distributions
- Benefits paid
- $2,702,261
- Administrative expenses
- $194,527
- Total expenses
- $2,915,379
- Net increase / (decrease)
- $7,018,305
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $194,527 | $0 | 2023 |
| Valmark Advisers | INVESTMENT ADVISORY | $0 | $52,500 | 2023 |
| Nbt Bank, N.A. | OTHER SERVICES | $0 | $14,674 | 2023 |