Gateway Health Clinic, Ltd. 401(K) Profit Sharing Plan — Form 5500 plan (Gateway Family Health Clinic, Ltd.)
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, Gateway Health Clinic, Ltd. 401(K) Profit Sharing Plan is a benefit plan reported by Gateway Family Health Clinic, Ltd. under EIN 41-1000577 and plan number 002. The latest loaded filing year is 2023. The filing reports 118 participants and $19,172,033 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Gateway Family Health Clinic, Ltd.
- EIN
- 41-1000577
- Plan number
- 002
- Plan type
- 2
- Location
- Moose Lake, MN
- Latest filing year
- 2023
- Participants
- 118
- End-of-year plan assets
- $19,172,033
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 118 | H, C | 20240617130434NAL0003595474001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,172,033
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $19,172,033
- Net assets (BOY)
- $16,835,152
Income & contributions
- Employer contributions
- $406,551
- Participant contributions
- $501,409
- Total contributions
- $907,960
- Total income / additions
- $3,626,302
Expenses & distributions
- Benefits paid
- $1,285,369
- Administrative expenses
- $4,052
- Total expenses
- $1,289,421
- Net increase / (decrease)
- $2,336,881
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Securities | BROKER/ADVISO R | $30,554 | $12,120 | 2023 |
| Tax Sheltered Compensation, Inc. | CONTRACT ADMI R | not reported in the loaded dataset | $10,000 | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER MGMT | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Gateway Family Health Clinic, Ltd.
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Moose Lake, MN
- Principal Securities — Schedule C compensation
- Tax Sheltered Compensation, Inc. — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation