Ridge Care 401(K) Plan — Form 5500 plan (Ridge Care)
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, Ridge Care 401(K) Plan is a benefit plan reported by Ridge Care under EIN 81-4935719 and plan number 001. The latest loaded filing year is 2023. The filing reports 248 participants and $7,924,930 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ridge Care
- EIN
- 81-4935719
- Plan number
- 001
- Plan type
- 2
- Location
- Kernersville, NC
- Latest filing year
- 2023
- Participants
- 248
- End-of-year plan assets
- $7,924,930
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 248 | H, C | 20250220050413NAL0004867201001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,924,930
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,924,930
- Net assets (BOY)
- $6,644,729
Income & contributions
- Employer contributions
- $228,573
- Participant contributions
- $539,189
- Total contributions
- $776,592
- Total income / additions
- $1,954,353
Expenses & distributions
- Benefits paid
- $638,014
- Administrative expenses
- $25,973
- Total expenses
- $674,152
- Net increase / (decrease)
- $1,280,201
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $25,972 | $0 | 2023 |