Miami Beach Community Health Center 401(K) Safe Harbor Plan — Form 5500 plan (Miami Beach Community Health Center, 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, Miami Beach Community Health Center 401(K) Safe Harbor Plan is a benefit plan reported by Miami Beach Community Health Center, Inc. under EIN 59-1829984 and plan number 001. The latest loaded filing year is 2023. The filing reports 377 participants and $15,100,294 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$15.1MPlan net assets, end of year$15,100,294
Participants377Covered participants reported
Assets / participant$40.1KComputed: assets ÷ participants$40,054 (computed)
Provider compensation$3.4K1 Schedule C provider row(s)$3,376
Plan sponsor
Miami Beach Community Health Center, Inc.
EIN
59-1829984
Plan number
001
Plan type
2
Location
Miami, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023377H, C20240924080018NAL0025658850001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$15.1M total assets
Net assets$15.1MLiabilities
Money in vs. money out
Total income / additions$3.6M
Total expenses$804.4K
Benefits paid / distributions$647K
Contributions
Employer$779.5K
Participant$1.1M
Full reported line items

Net assets

Total assets (EOY)
$15,100,294
Net assets (EOY)
$15,100,294
Net assets (BOY)
$12,282,329

Income & contributions

Employer contributions
$779,479
Participant contributions
$1,135,224
Total contributions
$1,914,703
Total income / additions
$3,622,344

Expenses & distributions

Benefits paid
$646,997
Administrative expenses
$92,596
Total expenses
$804,379
Net increase / (decrease)
$2,817,965

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
John Hancock Life InsuranceRECORDKEEPER$3,376not reported in the loaded dataset2023

Related Form 5500 pages