403(B) Thift Plan Of The Arc Gloucester — Form 5500 plan (The Arc Gloucester, Inc.)

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, 403(B) Thift Plan Of The Arc Gloucester is a benefit plan reported by The Arc Gloucester, Inc. under EIN 21-0697151 and plan number 002. The latest loaded filing year is 2023. The filing reports 298 participants and $7,182,429 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.2MPlan net assets, end of year$7,182,429
Participants298Covered participants reported
Assets / participant$24.1KComputed: assets ÷ participants$24,102 (computed)
Provider compensation$2.1K1 Schedule C provider row(s)$2,092
Plan sponsor
The Arc Gloucester, Inc.
EIN
21-0697151
Plan number
002
Plan type
2
Location
West Deptford, NJ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023298H, C20241015100201NAL0048750784010
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$7.2M total assets
Net assets$7.2MLiabilities
Money in vs. money out
Total income / additions$1.4M
Total expenses$697.6K
Benefits paid / distributions$695.5K
Contributions
Employer$560K
Participant$114.8K
Full reported line items

Net assets

Total assets (EOY)
$7,182,429
Net assets (EOY)
$7,182,429
Net assets (BOY)
$6,516,604

Income & contributions

Employer contributions
$560,028
Participant contributions
$114,757
Total contributions
$674,785
Total income / additions
$1,363,434

Expenses & distributions

Benefits paid
$695,517
Administrative expenses
$2,092
Total expenses
$697,609
Net increase / (decrease)
$665,825
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 83%Participant 17%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income51%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Mutual Of America Life Insurance CoINSURANCE CARRIER$2,092not reported in the loaded dataset2023

Related Form 5500 pages