Scotland Memorial Hospital, Inc. 403(B) Retirement Plan — Form 5500 plan (Scotland Memorial Hospital, 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, Scotland Memorial Hospital, Inc. 403(B) Retirement Plan is a benefit plan reported by Scotland Memorial Hospital, Inc. under EIN 56-0583151 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,406 participants and $67,821,074 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Scotland Memorial Hospital, Inc.
EIN
56-0583151
Plan number
002
Plan type
2
Location
Laurinburg, NC
Latest filing year
2023
Participants
1,406
End-of-year plan assets
$67,821,074

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,406H, C20241015172032NAL0029233185001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$67,821,074
Total liabilities (EOY)
$0
Net assets (EOY)
$67,821,074
Net assets (BOY)
$55,632,850

Income & contributions

Employer contributions
$2,521,358
Participant contributions
$4,033,734
Total contributions
$6,903,720
Total income / additions
$16,266,351

Expenses & distributions

Benefits paid
$3,930,860
Administrative expenses
$147,267
Total expenses
$4,078,127
Net increase / (decrease)
$12,188,224

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyNONE$108,962$02023
Empower Advisory Group, LLCNONE$38,305not reported in the loaded dataset2023

Related Form 5500 pages