Methodist University Retirement Plan — Form 5500 plan (Methodist University)
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, Methodist University Retirement Plan is a benefit plan reported by Methodist University under EIN 56-0657294 and plan number 001. The latest loaded filing year is 2023. The filing reports 920 participants and $58,232,145 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Methodist University
- EIN
- 56-0657294
- Plan number
- 001
- Plan type
- 2
- Location
- Fayetteville, NC
- Latest filing year
- 2023
- Participants
- 920
- End-of-year plan assets
- $58,232,145
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 920 | H, C | 20241015163157NAL0050457136001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $58,232,145
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $58,232,145
- Net assets (BOY)
- $53,092,948
Income & contributions
- Employer contributions
- $404,307
- Participant contributions
- $898,969
- Total contributions
- $1,581,913
- Total income / additions
- $9,354,987
Expenses & distributions
- Benefits paid
- $4,189,719
- Administrative expenses
- $26,071
- Total expenses
- $4,215,790
- Net increase / (decrease)
- $5,139,197
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Tiaa | RECORDKEEPER | $19,424 | $0 | 2023 |
| Flexpath Strategies, LLC | ADVISOR | $6,647 | not reported in the loaded dataset | 2023 |