Monarch Healthcare 401(K) Plan — Form 5500 plan (Monarch Healthcare Management, LLC)

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, Monarch Healthcare 401(K) Plan is a benefit plan reported by Monarch Healthcare Management, LLC under EIN 47-3799342 and plan number 001. The latest loaded filing year is 2023. The filing reports 4,111 participants and $26,961,316 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Monarch Healthcare Management, LLC
EIN
47-3799342
Plan number
001
Plan type
2
Location
Mankato, MN
Latest filing year
2023
Participants
4,111
End-of-year plan assets
$26,961,316

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,111H, C20241015124427NAL0047961184001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$26,961,316
Total liabilities (EOY)
$0
Net assets (EOY)
$26,961,316
Net assets (BOY)
$20,995,347

Income & contributions

Employer contributions
$843,935
Participant contributions
$3,906,500
Total contributions
$6,950,878
Total income / additions
$10,172,851

Expenses & distributions

Benefits paid
$4,015,682
Administrative expenses
$113,056
Total expenses
$4,206,882
Net increase / (decrease)
$5,965,969

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$92,942$02023
Nfp Retirement Inc.INVESTMENT ADVISORY$27,165$2,8352023

Related Form 5500 pages