Profit Sharing · DOL Form 5500 · 2023

Madison Community Hospital Tax Deferred Annuity Plan

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

$10M
Total assets
273
Participants
32th
Percentile by assets

Sponsored by Madison Community Hospital · South Dakota · Healthcare & Social Assistance

What the 2023 filing shows

Madison Community Hospital Tax Deferred Annuity Plan holds $10M for 273 participants - about $35,415 per participant, in the lower half of filed plans by assets, up 21.5% over the 2023 plan year.

$10M
total plan assets (2023 EOY)
273
covered participants
32th
percentile by assets (of 72,800 plans)
$35,415
avg assets per participant
Total Assets (2023)
$10M
Participants
273
State
Industry
Healthcare & Social Assistance

What the Filing Says About Madison Community Hospital Tax Deferred Annuity Plan

Madison Community Hospital Tax Deferred Annuity Plan is a Profit Sharing retirement plan sponsored by Madison Community Hospital, headquartered in South Dakota. As of the 2023 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers 273 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 2002-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $8M at the beginning of 2023 to $10M at year-end - a gain of 21.5%. Net assets (after liabilities) closed the year at $10M, with reported net income of $2M 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)$8M
Total Assets (End of Year)$10M
Net Assets (End of Year)$10M
Net Income$2M
Plan TypeProfit Sharing
Employer EIN460228038
Plan Effective Date2002-04-01
Filing StatusFILING 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 Profit Sharing Plans in South Dakota

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

Frequently Asked Questions

How much money is in the Madison Community Hospital Tax Deferred Annuity Plan?
As of the 2023 Form 5500 filing, Madison Community Hospital Tax Deferred Annuity Plan holds $10M in total assets with 273 participants. It is sponsored by Madison Community Hospital.
What type of plan is Madison Community Hospital Tax Deferred Annuity Plan?
Madison Community Hospital Tax Deferred Annuity Plan is a Profit Sharing plan. It has been effective since 2002-04-01. The plan is filed with the U.S. Department of Labor under EIN 460228038.
Who sponsors the Madison Community Hospital Tax Deferred Annuity Plan?
Madison Community Hospital Tax Deferred Annuity Plan is sponsored by Madison Community Hospital, located in South Dakota. The sponsor's EIN is 460228038 and the plan operates in the Healthcare & Social Assistance industry.
How did Madison Community Hospital Tax Deferred Annuity Plan perform in 2023?
Madison Community Hospital Tax Deferred Annuity Plan grew by 21.5% during 2023, moving from $8M to $10M in total assets. Net income was $2M.
Where can I find official filings for Madison Community Hospital Tax Deferred Annuity Plan?
Official Form 5500 filings for Madison Community Hospital Tax Deferred Annuity Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 460228038 or plan name at efast.dol.gov.
How does Madison Community Hospital Tax Deferred Annuity Plan compare to other plans?
You can compare Madison Community Hospital Tax Deferred Annuity Plan against other Profit Sharing plans on the plan type page, or view plans in South Dakota on the state page. PlainRetire tracks all 133,317 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.

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