Noland Health Services 401k Plan — Form 5500 plan (Noland Health Services, 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, Noland Health Services 401k Plan is a benefit plan reported by Noland Health Services, Inc. under EIN 63-0308739 and plan number 002. The latest loaded filing year is 2023. The filing reports 973 participants and $6,951,595 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$7MPlan net assets, end of year$6,951,595
Participants973Covered participants reported
Assets / participant$7.1KComputed: assets ÷ participants$7,144 (computed)
Provider compensation$15.9K1 Schedule C provider row(s)$15,918
- Plan sponsor
- Noland Health Services, Inc.
- EIN
- 63-0308739
- Plan number
- 002
- Plan type
- 2
- Location
- Birmingham, AL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 973 | H, C | 20241015140704NAL0048308368001 |
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)$7M total assets
Net assets$7MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $6,951,595
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,951,595
- Net assets (BOY)
- $5,432,581
Income & contributions
- Employer contributions
- $397,470
- Participant contributions
- $1,115,302
- Total contributions
- $1,652,698
- Total income / additions
- $2,647,727
Expenses & distributions
- Benefits paid
- $1,113,304
- Administrative expenses
- $15,409
- Total expenses
- $1,128,713
- Net increase / (decrease)
- $1,519,014
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
26%74%
Employer 26%Participant 74%
Total expenses ÷ net assets16%Computed ratio
Benefits paid ÷ total income42%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance | CONTRACT ADMINISTRATOR | $15,918 | $0 | 2023 |