Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Gracemed Health Clinic, Inc. 403(b) Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Gracemed Health Clinic, Inc. · Kansas · Healthcare & Social Assistance

What the 2023 filing shows

Gracemed Health Clinic, Inc. 403(b) Retirement Plan holds $6M for 293 participants — about $19,214 per participant, down 13.5% over the 2022 plan year.

$6M
total plan assets (2022 EOY)
293
covered participants
$19,214
avg assets per participant
-13.5%
assets change YoY

The plan reported a net loss of $881K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$6M
Participants
293
State
Industry
Healthcare & Social Assistance

What the Filing Says About Gracemed Health Clinic, Inc. 403(b) Retirement Plan

Gracemed Health Clinic, Inc. 403(b) Retirement Plan is a Profit Sharing retirement plan sponsored by Gracemed Health Clinic, Inc., headquartered in Kansas. As of the 2022 Form 5500 filing, the plan reports $6M in total end-of-year assets and covers 293 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 481159633, and the plan has been effective since 2008-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $7M at the beginning of 2022 to $6M at year-end — a decline of 13.5%. Net assets (after liabilities) closed the year at $6M, with reported net income of $-881,224 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)$7M
Total Assets (End of Year)$6M
Net Assets (End of Year)$6M
Net Income$-881,224
Plan TypeProfit Sharing
Employer EIN481159633
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Gracemed Health Clinic, Inc.)

Year Plans Participants Total Assets
2022 1 293 $6M
2023 1 280 $7M
2024 1 306 $8M

Nearby Profit Sharing Plans in Kansas

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Frequently Asked Questions

How much money is in the Gracemed Health Clinic, Inc. 403(b) Retirement Plan?
As of the 2022 Form 5500 filing, Gracemed Health Clinic, Inc. 403(b) Retirement Plan holds $6M in total assets with 293 participants. It is sponsored by Gracemed Health Clinic, Inc..
What type of plan is Gracemed Health Clinic, Inc. 403(b) Retirement Plan?
Gracemed Health Clinic, Inc. 403(b) Retirement Plan is a Profit Sharing plan. It has been effective since 2008-01-01. The plan is filed with the U.S. Department of Labor under EIN 481159633.
Who sponsors the Gracemed Health Clinic, Inc. 403(b) Retirement Plan?
Gracemed Health Clinic, Inc. 403(b) Retirement Plan is sponsored by Gracemed Health Clinic, Inc., located in Kansas. The sponsor's EIN is 481159633 and the plan operates in the Healthcare & Social Assistance industry.
How did Gracemed Health Clinic, Inc. 403(b) Retirement Plan perform in 2022?
Gracemed Health Clinic, Inc. 403(b) Retirement Plan declined by 13.5% during 2022, moving from $7M to $6M in total assets. Net income was $-881,224.
Where can I find official filings for Gracemed Health Clinic, Inc. 403(b) Retirement Plan?
Official Form 5500 filings for Gracemed Health Clinic, Inc. 403(b) Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 481159633 or plan name at efast.dol.gov.
How does Gracemed Health Clinic, Inc. 403(b) Retirement Plan compare to other plans?
You can compare Gracemed Health Clinic, Inc. 403(b) Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in Kansas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 481159633.

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.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.