401(K) Profit Sharing Plan For Employees Of Mobile Community Action, Inc. — Form 5500 plan (Mobile Community Action, 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, 401(K) Profit Sharing Plan For Employees Of Mobile Community Action, Inc. is a benefit plan reported by Mobile Community Action, Inc. under EIN 63-0518148 and plan number 001. The latest loaded filing year is 2023. The filing reports 275 participants and $6,396,263 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.4MPlan net assets, end of year$6,396,263
Participants275Covered participants reported
Assets / participant$23.3KComputed: assets ÷ participants$23,259 (computed)
Provider compensation$2.6K1 Schedule C provider row(s)$2,596
Plan sponsor
Mobile Community Action, Inc.
EIN
63-0518148
Plan number
001
Plan type
2
Location
Mobile, AL
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    275 participants · 2Sch HSch C
    View filing →
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)$6.4M total assets
Net assets$6.4MLiabilities$0
Money in vs. money out
Total income / additions$1.5M
Total expenses$649.3K
Benefits paid / distributions$628.8K
Contributions
Employer$522.6K
Participant$232.1K
Full reported line items

Net assets

Total assets (EOY)
$6,396,263
Total liabilities (EOY)
$0
Net assets (EOY)
$6,396,263
Net assets (BOY)
$5,568,124

Income & contributions

Employer contributions
$522,613
Participant contributions
$232,057
Total contributions
$754,670
Total income / additions
$1,477,446

Expenses & distributions

Benefits paid
$628,781
Administrative expenses
$2,596
Total expenses
$649,307
Net increase / (decrease)
$828,139
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.

Contribution share (employer vs. participant)
Employer 69%Participant 31%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income43%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    INSURANCE CARRIER · Direct $2.6K · Indirect $0

What to inspect next

Frequently asked questions

Who sponsors the 401(K) Profit Sharing Plan For Employees Of Mobile Community Action, Inc.?
401(K) Profit Sharing Plan For Employees Of Mobile Community Action, Inc. is reported as sponsored by Mobile Community Action, Inc. (EIN 63-0518148, plan number 001) in public Form 5500 filings.
What is the most recent Form 5500 filing year for 401(K) Profit Sharing Plan For Employees Of Mobile Community Action, Inc.?
The latest Form 5500 filing year loaded for 401(K) Profit Sharing Plan For Employees Of Mobile Community Action, Inc. is 2023.
How many participants does 401(K) Profit Sharing Plan For Employees Of Mobile Community Action, Inc. report?
401(K) Profit Sharing Plan For Employees Of Mobile Community Action, Inc. reports 275 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for 401(K) Profit Sharing Plan For Employees Of Mobile Community Action, Inc.?
401(K) Profit Sharing Plan For Employees Of Mobile Community Action, Inc. reports $6,396,263 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages