Gifford Health Care, Inc. 403(B) Retirement Plan — Form 5500 plan (Gifford Health Care, 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, Gifford Health Care, Inc. 403(B) Retirement Plan is a benefit plan reported by Gifford Health Care, Inc. under EIN 46-0938716 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,139 participants and $64,950,114 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$65MPlan net assets, end of year$64,950,114
Participants1.1KCovered participants reported1,139
Assets / participant$57KComputed: assets ÷ participants$57,024 (computed)
Provider compensation$81.6K2 Schedule C provider row(s)$81,614
Plan sponsor
Gifford Health Care, Inc.
EIN
46-0938716
Plan number
002
Plan type
2
Location
Randolph, VT
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,139H, C20241015092156NAL0027935265001
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)$65M total assets
Net assets$65MLiabilities$0
Money in vs. money out
Total income / additions$15.2M
Total expenses$4.1M
Benefits paid / distributions$4M
Contributions
Employer$1.6M
Participant$3M
Full reported line items

Net assets

Total assets (EOY)
$64,950,114
Total liabilities (EOY)
$0
Net assets (EOY)
$64,950,114
Net assets (BOY)
$53,783,645

Income & contributions

Employer contributions
$1,637,106
Participant contributions
$3,023,873
Total contributions
$5,545,931
Total income / additions
$15,222,898

Expenses & distributions

Benefits paid
$3,970,734
Administrative expenses
$82,178
Total expenses
$4,056,429
Net increase / (decrease)
$11,166,469
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 35%Participant 65%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income26%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
New England Retirement ConsultantsNONE$48,215not reported in the loaded dataset2023
TiaaNONE$33,399$02023

Related Form 5500 pages