Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Georgia Mountain Health Services, Inc. 403(b) Plan

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

Sponsored by Georgia Mountain Health Services, Inc. · Georgia · Healthcare & Social Assistance

What the 2023 filing shows

Georgia Mountain Health Services, Inc. 403(b) Plan holds $3M for 85 participants — about $37,085 per participant, down 11.8% over the 2022 plan year.

$3M
total plan assets (2022 EOY)
85
covered participants
$37,085
avg assets per participant
-11.8%
assets change YoY

The plan reported a net loss of $421K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$3M
Participants
85
State
Industry
Healthcare & Social Assistance

What the Filing Says About Georgia Mountain Health Services, Inc. 403(b) Plan

Georgia Mountain Health Services, Inc. 403(b) Plan is a Profit Sharing retirement plan sponsored by Georgia Mountain Health Services, Inc., headquartered in Georgia. As of the 2022 Form 5500 filing, the plan reports $3M in total end-of-year assets and covers 85 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 581649042, and the plan has been effective since 2009-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $4M at the beginning of 2022 to $3M at year-end — a decline of 11.8%. Net assets (after liabilities) closed the year at $3M, with reported net income of $-420,520 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.

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)$4M
Total Assets (End of Year)$3M
Net Assets (End of Year)$3M
Net Income$-420,520
Plan TypeProfit Sharing
Employer EIN581649042
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Georgia

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Frequently Asked Questions

How much money is in the Georgia Mountain Health Services, Inc. 403(b) Plan?
As of the 2022 Form 5500 filing, Georgia Mountain Health Services, Inc. 403(b) Plan holds $3M in total assets with 85 participants. It is sponsored by Georgia Mountain Health Services, Inc..
What type of plan is Georgia Mountain Health Services, Inc. 403(b) Plan?
Georgia Mountain Health Services, Inc. 403(b) Plan is a Profit Sharing plan. It has been effective since 2009-01-01. The plan is filed with the U.S. Department of Labor under EIN 581649042.
Who sponsors the Georgia Mountain Health Services, Inc. 403(b) Plan?
Georgia Mountain Health Services, Inc. 403(b) Plan is sponsored by Georgia Mountain Health Services, Inc., located in Georgia. The sponsor's EIN is 581649042 and the plan operates in the Healthcare & Social Assistance industry.
How did Georgia Mountain Health Services, Inc. 403(b) Plan perform in 2022?
Georgia Mountain Health Services, Inc. 403(b) Plan declined by 11.8% during 2022, moving from $4M to $3M in total assets. Net income was $-420,520.
Where can I find official filings for Georgia Mountain Health Services, Inc. 403(b) Plan?
Official Form 5500 filings for Georgia Mountain Health Services, Inc. 403(b) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 581649042 or plan name at efast.dol.gov.
How does Georgia Mountain Health Services, Inc. 403(b) Plan compare to other plans?
You can compare Georgia Mountain Health Services, Inc. 403(b) Plan against other Profit Sharing plans on the plan type page, or view plans in Georgia 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 581649042.

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.