403(B) Thrift Plan For 1st Choice Healthcare, Inc. — Form 5500 plan (1st Choice Healthcare 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 For 1st Choice Healthcare, Inc. is a benefit plan reported by 1st Choice Healthcare Inc. under EIN 71-0715998 and plan number 002. The latest loaded filing year is 2023. The filing reports 249 participants and $8,878,336 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.9MPlan net assets, end of year$8,878,336
Participants249Covered participants reported
Assets / participant$35.7KComputed: assets ÷ participants$35,656 (computed)
Provider compensation$42.6K2 Schedule C provider row(s)$42,588
Plan sponsor
1st Choice Healthcare Inc.
EIN
71-0715998
Plan number
002
Plan type
2
Location
Corning, AR
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023249H, C20240927112556NAL0003599712001
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)$8.9M total assets
Net assets$8.9MLiabilities$0
Money in vs. money out
Total income / additions$2.3M
Total expenses$589.9K
Benefits paid / distributions$547.3K
Contributions
Employer$457.2K
Participant$593K
Full reported line items

Net assets

Total assets (EOY)
$8,878,336
Total liabilities (EOY)
$0
Net assets (EOY)
$8,878,336
Net assets (BOY)
$7,213,328

Income & contributions

Employer contributions
$457,165
Participant contributions
$592,970
Total contributions
$1,122,797
Total income / additions
$2,254,863

Expenses & distributions

Benefits paid
$547,267
Administrative expenses
$42,588
Total expenses
$589,855
Net increase / (decrease)
$1,665,008
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 assets7%Computed ratio
Benefits paid ÷ total income24%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Prime Capital Invest. Adv.NONE$38,155not reported in the loaded dataset2023
The Vanguard Group, Inc.NONE$4,433$02023

Related Form 5500 pages