Lees-Mcrae College 403(B) Retirement Plan — Form 5500 plan (Lees-Mcrae College, 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, Lees-Mcrae College 403(B) Retirement Plan is a benefit plan reported by Lees-Mcrae College, Inc. under EIN 56-0529953 and plan number 001. The latest loaded filing year is 2023. The filing reports 286 participants and $14,714,806 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Lees-Mcrae College, Inc.
EIN
56-0529953
Plan number
001
Plan type
2
Location
Banner Elk, NC
Latest filing year
2023
Participants
286
End-of-year plan assets
$14,714,806

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023286H, C20240725131549NAL0009270179001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$14,714,806
Total liabilities (EOY)
$0
Net assets (EOY)
$14,714,806
Net assets (BOY)
$13,953,644

Income & contributions

Employer contributions
$231,944
Participant contributions
$268,121
Total contributions
$678,806
Total income / additions
$2,400,978

Expenses & distributions

Benefits paid
$1,639,691
Administrative expenses
$125
Total expenses
$1,639,816
Net increase / (decrease)
$761,162

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Tiaa - Teachers Insurance & AnnuityRECORDKEEPER$425$02023

Related Form 5500 pages