2023 Form 5500 filing — Preferred Home Care Welfare 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 20240703101624NAL0004353043001) for Preferred Home Care Welfare Plan, reported by Preferred Home Care Of New York LLC under EIN 85-6352521 and plan number 501. It reports 6,060 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240703101624NAL0004353043001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Preferred Home Care Of New York LLC
- EIN
- 85-6352521
- Plan number
- 501
- Location
- Brooklyn, NY
- Participants
- 6,060
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,541,142
- Total liabilities (EOY)
- $4,911,883
- Net assets (EOY)
- $629,259
- Employer contributions
- $16,007,224
- Total income / additions
- $16,015,717
- Benefits paid
- $13,199,795
- Administrative expenses
- $2,186,663
- Total expenses
- $15,386,458
- Net increase / (decrease)
- $629,259
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Tristar Benefit Administrators | THIRD PARTY ADMINISTRATOR | $1,414,182 | not reported in the loaded dataset |
| Grandview Brokerage Corporation | INSURANCE BROKER | $625,250 | not reported in the loaded dataset |
| Anchin Accountants And Advisors | ACCOUNTANT | $88,703 | not reported in the loaded dataset |
| Tristar Health Administrators Of Nv | TRUSTEE | $20,000 | not reported in the loaded dataset |
| Milliman | PLAN ACTUARY | $14,510 | not reported in the loaded dataset |