Randolph Macon Academy Profit Sharing Plan — Form 5500 plan (Randolph Macon Academy)
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, Randolph Macon Academy Profit Sharing Plan is a benefit plan reported by Randolph Macon Academy under EIN 54-0505939 and plan number 002. The latest loaded filing year is 2023. The filing reports 288 participants and $6,708,637 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Randolph Macon Academy
- EIN
- 54-0505939
- Plan number
- 002
- Plan type
- 2
- Location
- Front Royal, VA
- Latest filing year
- 2023
- Participants
- 288
- End-of-year plan assets
- $6,708,637
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 288 | H, C | 20241014120209NAL0026098609001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,708,637
- Net assets (EOY)
- $6,708,637
- Net assets (BOY)
- $6,923,179
Income & contributions
- Employer contributions
- $178,918
- Participant contributions
- $178,918
- Total contributions
- $357,836
- Total income / additions
- $1,227,933
Expenses & distributions
- Benefits paid
- $1,433,817
- Administrative expenses
- $8,658
- Total expenses
- $1,442,475
- Net increase / (decrease)
- -$214,542
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Variable Annuity Life Insurance Co. | NONE | $8,658 | $0 | 2023 |