Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Section 403(b) Retirement Plan for South Shore Hospital Corporation

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

Sponsored by South Shore Hospital Corporation Β· Illinois Β· Healthcare & Social Assistance

What the 2023 filing shows

Section 403(b) Retirement Plan for South Shore Hospital Corporation holds $9M for 182 participants - about $49,744 per participant, down 11.1% over the 2022 plan year.

$9M
total plan assets (2022 EOY)
182
covered participants
$49,744
avg assets per participant
-11.1%
assets change YoY

The plan reported a net loss of $1M for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$9M
Participants
182
State
Industry
Healthcare & Social Assistance

What the Filing Says About Section 403(b) Retirement Plan for South Shore Hospital Corporation

Section 403(b) Retirement Plan for South Shore Hospital Corporation is a Profit Sharing retirement plan sponsored by South Shore Hospital Corporation, headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 182 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 361799520, and the plan has been effective since 1993-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $10M at the beginning of 2022 to $9M at year-end β€” a decline of 11.1%. Net assets (after liabilities) closed the year at $9M, with reported net income of $-1,131,842 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 β€” 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)$10M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$-1,131,842
Plan TypeProfit Sharing
Employer EIN361799520
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (South Shore Hospital Corporation)

Year Plans Participants Total Assets
2022 1 182 $9M
2023 1 375 $9M
2024 1 357 $9M

Nearby Profit Sharing Plans in Illinois

Peer Profit Sharing plans β€” same state, same plan type β€” ranked by total assets.

Frequently Asked Questions

How much money is in the Section 403(b) Retirement Plan for South Shore Hospital Corporation?
As of the 2022 Form 5500 filing, Section 403(b) Retirement Plan for South Shore Hospital Corporation holds $9M in total assets with 182 participants. It is sponsored by South Shore Hospital Corporation.
What type of plan is Section 403(b) Retirement Plan for South Shore Hospital Corporation?
Section 403(b) Retirement Plan for South Shore Hospital Corporation is a Profit Sharing plan. It has been effective since 1993-01-01. The plan is filed with the U.S. Department of Labor under EIN 361799520.
Who sponsors the Section 403(b) Retirement Plan for South Shore Hospital Corporation?
Section 403(b) Retirement Plan for South Shore Hospital Corporation is sponsored by South Shore Hospital Corporation, located in Illinois. The sponsor's EIN is 361799520 and the plan operates in the Healthcare & Social Assistance industry.
How did Section 403(b) Retirement Plan for South Shore Hospital Corporation perform in 2022?
Section 403(b) Retirement Plan for South Shore Hospital Corporation declined by 11.1% during 2022, moving from $10M to $9M in total assets. Net income was $-1,131,842.
Where can I find official filings for Section 403(b) Retirement Plan for South Shore Hospital Corporation?
Official Form 5500 filings for Section 403(b) Retirement Plan for South Shore Hospital Corporation are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 361799520 or plan name at efast.dol.gov.
How does Section 403(b) Retirement Plan for South Shore Hospital Corporation compare to other plans?
You can compare Section 403(b) Retirement Plan for South Shore Hospital Corporation against other Profit Sharing plans on the plan type page, or view plans in Illinois 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) β€” original filing retrieval by EIN 361799520.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” 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.