403(B) Thrift Plan Of Economic Improvement Council, Inc. — Form 5500 plan (Economic Improvement Council, 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, 403(B) Thrift Plan Of Economic Improvement Council, Inc. is a benefit plan reported by Economic Improvement Council, Inc. under EIN 56-0857026 and plan number 002. The latest loaded filing year is 2023. The filing reports 274 participants and $2,161,106 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Economic Improvement Council, Inc.
- EIN
- 56-0857026
- Plan number
- 002
- Plan type
- 2
- Location
- Edenton, NC
- Latest filing year
- 2023
- Participants
- 274
- End-of-year plan assets
- $2,161,106
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 274 | H, C | 20241002091554NAL0003918035001 |
| 2023 | 327 | H, C | 20241002091742NAL0008073393001 |
| 2023 | 260 | H, C | 20241002092038NAL0004684099001 |
| 2023 | 353 | H, C | 20250718080649NAL0001404545001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,931,493
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,931,493
- Net assets (BOY)
- $2,230,964
Income & contributions
- Employer contributions
- $458,898
- Participant contributions
- $72,860
- Total contributions
- $531,758
- Total income / additions
- $955,908
Expenses & distributions
- Benefits paid
- $248,372
- Administrative expenses
- $7,007
- Total expenses
- $255,379
- Net increase / (decrease)
- $700,529
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mutual Of America Investment Corp | RECORD KEEPER | $5,307 | $0 | 2023 |
| Lincoln National Corporation-Aps | SERVICE PROVIDER | $4,187 | $0 | 2023 |
| Mutual Of America Investment Corp | INSURANCE CARRIER | $3,897 | $0 | 2023 |
| Mutual Of America Life Insurance Co | INSURANCE CARRIER | $1,714 | $0 | 2023 |
| Lincoln National Corp | SERVICE PROVIDER | $1,700 | $0 | 2023 |
| Mutual Of America Investment Corp | INSURANCE CARRIER | $909 | $0 | 2023 |
| Lincoln National Corporation-Gap | SERVICE PROVIDER | $70 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Economic Improvement Council, Inc.
- 2023 Form 5500 filing
- 2023 Form 5500 filing
- 2023 Form 5500 filing
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Edenton, NC
- Mutual Of America Investment Corp — Schedule C compensation
- Lincoln National Corporation-Aps — Schedule C compensation
- Mutual Of America Life Insurance Co — Schedule C compensation
- Lincoln National Corp — Schedule C compensation
- Lincoln National Corporation-Gap — Schedule C compensation