Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

Healthreach Community Health Centers 403(b) Retirement Plan

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

Sponsored by Healthreach Community Health Centers · Maine · Healthcare & Social Assistance

What the 2023 filing shows

Healthreach Community Health Centers 403(b) Retirement Plan holds $21M for 259 participants — about $80,381 per participant, up 13.5% over the 2023 plan year.

$21M
total plan assets (2023 EOY)
259
covered participants
$80,381
avg assets per participant
+13.5%
assets growth YoY
Total Assets (2023)
$21M
Participants
259
State
Industry
Healthcare & Social Assistance

What the Filing Says About Healthreach Community Health Centers 403(b) Retirement Plan

Healthreach Community Health Centers 403(b) Retirement Plan is a Profit Sharing retirement plan sponsored by Healthreach Community Health Centers, headquartered in Maine. As of the 2023 Form 5500 filing, the plan reports $21M in total end-of-year assets and covers 259 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 016023664, and the plan has been effective since 1996-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $18M at the beginning of 2023 to $21M at year-end — a gain of 13.5%. Net assets (after liabilities) closed the year at $21M, 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)$18M
Total Assets (End of Year)$21M
Net Assets (End of Year)$21M
Net Income$2M
Plan TypeProfit Sharing
Employer EIN016023664
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Healthreach Community Health Centers)

Year Plans Participants Total Assets
2022 1 247 $18M
2023 1 259 $21M
2024 1 296 $21M

Nearby Profit Sharing Plans in Maine

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Frequently Asked Questions

How much money is in the Healthreach Community Health Centers 403(b) Retirement Plan?
As of the 2023 Form 5500 filing, Healthreach Community Health Centers 403(b) Retirement Plan holds $21M in total assets with 259 participants. It is sponsored by Healthreach Community Health Centers.
What type of plan is Healthreach Community Health Centers 403(b) Retirement Plan?
Healthreach Community Health Centers 403(b) Retirement Plan is a Profit Sharing plan. It has been effective since 1996-01-01. The plan is filed with the U.S. Department of Labor under EIN 016023664.
Who sponsors the Healthreach Community Health Centers 403(b) Retirement Plan?
Healthreach Community Health Centers 403(b) Retirement Plan is sponsored by Healthreach Community Health Centers, located in Maine. The sponsor's EIN is 016023664 and the plan operates in the Healthcare & Social Assistance industry.
How did Healthreach Community Health Centers 403(b) Retirement Plan perform in 2023?
Healthreach Community Health Centers 403(b) Retirement Plan grew by 13.5% during 2023, moving from $18M to $21M in total assets. Net income was $2M.
Where can I find official filings for Healthreach Community Health Centers 403(b) Retirement Plan?
Official Form 5500 filings for Healthreach Community Health Centers 403(b) Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 016023664 or plan name at efast.dol.gov.
How does Healthreach Community Health Centers 403(b) Retirement Plan compare to other plans?
You can compare Healthreach Community Health Centers 403(b) Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in Maine 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 016023664.

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.