403(B) Thrift Plan Of The Community Health Center Of Lubbock, Inc. — Form 5500 plan (The Community Health Center Of Lubbock, 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 Of The Community Health Center Of Lubbock, Inc. is a benefit plan reported by The Community Health Center Of Lubbock, Inc. under EIN 75-2424925 and plan number 001. The latest loaded filing year is 2023. The filing reports 210 participants and $5,983,308 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6MPlan net assets, end of year$5,983,308
Participants210Covered participants reported
Assets / participant$28.5KComputed: assets ÷ participants$28,492 (computed)
Provider compensation$41.6K3 Schedule C provider row(s)$41,595
Plan sponsor
The Community Health Center Of Lubbock, Inc.
EIN
75-2424925
Plan number
001
Plan type
2
Location
Lubbock, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023210H, C20241011094932NAL0021620449001
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)$6M total assets
Net assets$6MLiabilities$0
Money in vs. money out
Total income / additions$1.3M
Total expenses$880K
Benefits paid / distributions$834.3K
Contributions
Employer$222.7K
Participant$252.8K
Full reported line items

Net assets

Total assets (EOY)
$5,983,308
Total liabilities (EOY)
$0
Net assets (EOY)
$5,983,308
Net assets (BOY)
$5,609,376

Income & contributions

Employer contributions
$222,697
Participant contributions
$252,770
Total contributions
$475,467
Total income / additions
$1,253,967

Expenses & distributions

Benefits paid
$834,320
Administrative expenses
$23,868
Total expenses
$880,035
Net increase / (decrease)
$373,932
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 47%Participant 53%
Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income67%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$22,516$02023
Nfp Retirement, Inc.INVESTMENT ADVISOR$15,025not reported in the loaded dataset2023
Economic Group Pension Services, InTHIRD PARTY ADMINISTRATO$1,550$2,5042023

Related Form 5500 pages