Sherman College Of Straight Chiropractic — Form 5500 plan (Sherman College Of Straight Chiropractic)

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, Sherman College Of Straight Chiropractic is a benefit plan reported by Sherman College Of Straight Chiropractic under EIN 23-7242844 and plan number 001. The latest loaded filing year is 2023. The filing reports 195 participants and $9,610,525 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$9.6MPlan net assets, end of year$9,610,525
Participants195Covered participants reported
Assets / participant$49.3KComputed: assets ÷ participants$49,285 (computed)
Provider compensationNone reported
Plan sponsor
Sherman College Of Straight Chiropractic
EIN
23-7242844
Plan number
001
Plan type
2
Location
Boiling Springs, SC
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023195H20240802111834NAL0024871777001
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)$9.6M total assets
Net assets$9.6MLiabilities$0
Money in vs. money out
Total income / additions$2.2M
Total expenses$771K
Benefits paid / distributions$769.6K
Contributions
Employer$327.8K
Participant$380.1K
Full reported line items

Net assets

Total assets (EOY)
$9,610,525
Total liabilities (EOY)
$0
Net assets (EOY)
$9,610,525
Net assets (BOY)
$8,213,304

Income & contributions

Employer contributions
$327,761
Participant contributions
$380,132
Total contributions
$711,808
Total income / additions
$2,168,265

Expenses & distributions

Benefits paid
$769,571
Administrative expenses
$1,473
Total expenses
$771,044
Net increase / (decrease)
$1,397,221
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 46%Participant 54%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income35%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages