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, Richard Heath & Associates, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Richard Heath & Associates, Inc. under EIN 94-2625839 and plan number 001. The latest loaded filing year is 2023. The filing reports 282 participants and $11,403,213 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,403,213
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,403,213
- Net assets (BOY)
- $8,141,904
Income & contributions
- Employer contributions
- $500,000
- Participant contributions
- $1,123,915
- Total contributions
- $1,623,915
- Total income / additions
- $3,647,645
Expenses & distributions
- Benefits paid
- $317,106
- Administrative expenses
- $69,230
- Total expenses
- $386,336
- Net increase / (decrease)
- $3,261,309