Community Memorial Hospital Association Money Purchase Plan — Form 5500 plan (Community Memorial Hospital Association)
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, Community Memorial Hospital Association Money Purchase Plan is a benefit plan reported by Community Memorial Hospital Association under EIN 41-0743546 and plan number 001. The latest loaded filing year is 2023. The filing reports 453 participants and $21,749,289 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Community Memorial Hospital Association
- EIN
- 41-0743546
- Plan number
- 001
- Plan type
- 2
- Location
- Cloquet, MN
- Latest filing year
- 2023
- Participants
- 453
- End-of-year plan assets
- $21,749,289
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 453 | H, C | 20241011154512NAL0023146625001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,749,289
- Total liabilities (EOY)
- $198,061
- Net assets (EOY)
- $21,551,228
- Net assets (BOY)
- $19,174,509
Income & contributions
- Employer contributions
- $1,488,742
- Total contributions
- $1,488,742
- Total income / additions
- $5,073,463
Expenses & distributions
- Benefits paid
- $2,644,752
- Administrative expenses
- $51,992
- Total expenses
- $2,696,744
- Net increase / (decrease)
- $2,376,719
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alerus Financial, N.A. | NONE | $51,992 | $0 | 2023 |