Money Purchase Β· DOL Form 5500 Β· 2022
Madison Community Hospital Employees' Retirement Plan
ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.
- $10M
- Total assets
- 269
- Participants
- 46th
- Percentile by assets
Sponsored by Madison Community Hospital Β· South Dakota Β· Healthcare & Social Assistance
What the 2022 filing shows
Madison Community Hospital Employees' Retirement Plan holds $10M for 269 participants - about $38,503 per participant, in the lower half of filed plans by assets, down 8.8% over the 2022 plan year.
- $10M
- total plan assets (2022 EOY)
- 269
- covered participants
- 46th
- percentile by assets (of 84,055 plans)
- $38,503
- avg assets per participant
The plan reported a net loss of $996K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What the Filing Says About Madison Community Hospital Employees' Retirement Plan
Madison Community Hospital Employees' Retirement Plan is a Money Purchase retirement plan sponsored by Madison Community Hospital, headquartered in South Dakota. As of the 2022 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers 269 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 460228038, and the plan has been effective since 1984-03-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $11M at the beginning of 2022 to $10M at year-end - a decline of 8.8%. Net assets (after liabilities) closed the year at $10M, with reported net income of $-996,107 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $11M |
| Total Assets (End of Year) | $10M |
| Net Assets (End of Year) | $10M |
| Net Income | $-996,107 |
| Plan Type | Money Purchase |
| Employer EIN | 460228038 |
| Plan Effective Date | 1984-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Madison Community Hospital)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 538 | $18M |
| 2023 | 2 | 546 | $22M |
| 2024 | 2 | 528 | $24M |
Nearby Money Purchase Plans in South Dakota
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
- National Electrical Annuity Plan $15.8B Β· 84,425
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. $7.0B Β· 18,060
- Tiaa Retirement Plan $5.3B Β· 12,501
- Kaiser Permanente Supplemental Savings and Retirement Plan $5.1B Β· 36,330
- University of Southern California Defined Contribution Retirement Plan $4.4B Β· 20,136
Related Data
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Frequently Asked Questions
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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 460228038.
Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology - how this data is sourced, computed, and verified.