Marshall-Jackson Mental Health Board 401(K) Retirement Plan — Form 5500 plan (Marshall-Jackson Mental Health Board, 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, Marshall-Jackson Mental Health Board 401(K) Retirement Plan is a benefit plan reported by Marshall-Jackson Mental Health Board, Inc. under EIN 63-0638946 and plan number 001. The latest loaded filing year is 2023. The filing reports 233 participants and $5,699,560 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.7MPlan net assets, end of year$5,699,560
Participants233Covered participants reported
Assets / participant$24.5KComputed: assets ÷ participants$24,462 (computed)
Provider compensation$23.7K3 Schedule C provider row(s)$23,688
Plan sponsor
Marshall-Jackson Mental Health Board, Inc.
EIN
63-0638946
Plan number
001
Plan type
2
Location
Guntersville, AL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023233H, C20250715100741NAL0001219459001
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)$5.7M total assets
Net assets$5.7MLiabilities$0
Money in vs. money out
Total income / additions$1.5M
Total expenses$859.9K
Benefits paid / distributions$812.5K
Contributions
Employer$133.1K
Participant$168.2K
Full reported line items

Net assets

Total assets (EOY)
$5,699,560
Total liabilities (EOY)
$0
Net assets (EOY)
$5,699,560
Net assets (BOY)
$5,061,605

Income & contributions

Employer contributions
$133,059
Participant contributions
$168,170
Total contributions
$301,229
Total income / additions
$1,497,824

Expenses & distributions

Benefits paid
$812,535
Administrative expenses
$40,733
Total expenses
$859,869
Net increase / (decrease)
$637,955
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 44%Participant 56%
Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income54%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Raymond James Insurance Group, Inc.INVESTMENT ADVISOR$19,507not reported in the loaded dataset2023
Dyatech LLCCONTRACT ADMIN$640$2,7412023
Empower Annuity InsuranceRECORDKEEPER$800$02023

Related Form 5500 pages