2023 Form 5500 filing — Penn State Health Tax Sheltered Annuity Program
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 20240724115950NAL0028243778001) for Penn State Health Tax Sheltered Annuity Program, reported by Penn State Health under EIN 47-3769205 and plan number 002. It reports 19,045 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240724115950NAL0028243778001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Penn State Health
- EIN
- 47-3769205
- Plan number
- 002
- Location
- Hershey, PA
- Participants
- 19,045
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $444,288,473
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $444,288,473
- Employer contributions
- $0
- Participant contributions
- $36,505,892
- Total income / additions
- $101,829,112
- Benefits paid
- $30,124,743
- Administrative expenses
- $247,605
- Total expenses
- $30,388,045
- Net increase / (decrease)
- $71,441,067
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Tiaa-Cref Investment Management | RECORDKEEPER | $128,293 | $0 |
| Empower Annuity Investment Company | RECORDKEEPER | $42,997 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MANAGMENT | $31,016 | not reported in the loaded dataset |
| Forvis, Llp | AUDITOR | $22,950 | not reported in the loaded dataset |
| Hanlon Investment Management, Inc. | INVESTMENT ADVISORY | $5,196 | not reported in the loaded dataset |
| Variable Annuity Life Insurance Co. | RECORDKEEPER | $3,716 | $0 |
| Larson Financial Group | INVESTMENT ADVISORY | $2,385 | not reported in the loaded dataset |
| Fort Pitt Capital Group, LLC | INVESTMENT ADVISORY | $2,211 | not reported in the loaded dataset |
| Signature Estate & Investment | INVESTMENT ADVISORY | $1,494 | not reported in the loaded dataset |
| Flexible Plan Investments,Ltd | INVESTMENT ADVISORY | $1,017 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | BROKERAGE SERVICES | $805 | not reported in the loaded dataset |
| Apollon Wealth Management, LLC | INVESTMENT ADVISORY | $746 | not reported in the loaded dataset |