2023 Form 5500 filing — Independent Care Health Benefit Trust Group Medical Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240628120537NAL0000633457001) for Independent Care Health Benefit Trust Group Medical Plan, reported by Community Care Physicians Network, LLC under EIN 86-6586606 and plan number 501. It reports 540 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240628120537NAL0000633457001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Community Care Physicians Network, LLC
- EIN
- 86-6586606
- Plan number
- 501
- Location
- Garner, NC
- Participants
- 540
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,550,644
- Total liabilities (EOY)
- $6,407,446
- Net assets (EOY)
- -$1,856,802
- Employer contributions
- $8,496,917
- Total income / additions
- $9,051,322
- Benefits paid
- $9,224,376
- Administrative expenses
- $702,523
- Total expenses
- $10,030,649
- Net increase / (decrease)
- -$979,327
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ccnc Administrators | NONE | $192,214 | $0 |
| Vimly Benefit Solutions | NONE | $183,172 | $0 |
| Bcbs Of North Carolina | NONE | $139,096 | $0 |
| Wakely Consulting | NONE | $71,450 | $0 |
| Cherry Bekaert Llp | NONE | $55,997 | not reported in the loaded dataset |
| Gradient Ai | NONE | $46,129 | $0 |
| Scott Insurance | NONE | $10,417 | $0 |
| Cherry Bekaert Advisory LLC | NONE | $5,664 | not reported in the loaded dataset |