Bear Hill Healthcare 401(K) Profit Sharing Plan — Form 5500 plan (Bear Hill Healthcare LLC)

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, Bear Hill Healthcare 401(K) Profit Sharing Plan is a benefit plan reported by Bear Hill Healthcare LLC under EIN 84-3052445 and plan number 001. The latest loaded filing year is 2023. The filing reports 154 participants and $3,991,031 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4MPlan net assets, end of year$3,991,031
Participants154Covered participants reported
Assets / participant$25.9KComputed: assets ÷ participants$25,916 (computed)
Provider compensation$1.2K2 Schedule C provider row(s)$1,193
Plan sponsor
Bear Hill Healthcare LLC
EIN
84-3052445
Plan number
001
Plan type
2
Location
Stoneham, MA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023154H, C20241011151110NAL0022168017001
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)$4M total assets
Net assets$4MLiabilities$0
Money in vs. money out
Total income / additions$706.2K
Total expenses$534K
Benefits paid / distributions$532.9K
Contributions
EmployerNot reported
Participant$118.8K
Full reported line items

Net assets

Total assets (EOY)
$3,991,031
Total liabilities (EOY)
$0
Net assets (EOY)
$3,991,031
Net assets (BOY)
$3,818,921

Income & contributions

Participant contributions
$118,777
Total contributions
$118,777
Total income / additions
$706,160

Expenses & distributions

Benefits paid
$532,857
Administrative expenses
$1,193
Total expenses
$534,050
Net increase / (decrease)
$172,110
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.

Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income75%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Capital Research Management CompanyRECORDKEEPER$1,193$02023
Commonwealth Financial NetworkNONE$0$02023

Related Form 5500 pages