2023 Form 5500 filing — Traditions Bank Group Health 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 20240912085742NAL0014232800001) for Traditions Bank Group Health Plan, reported by Traditions Bank under EIN 03-0454928 and plan number 501. It reports 132 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240912085742NAL0014232800001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Traditions Bank
- EIN
- 03-0454928
- Plan number
- 501
- Location
- York, PA
- Participants
- 132
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $80,422
- Total liabilities (EOY)
- $22,289
- Net assets (EOY)
- $58,133
- Employer contributions
- $1,652,670
- Participant contributions
- $289,100
- Total income / additions
- $1,943,872
- Benefits paid
- $1,610,891
- Administrative expenses
- $487,867
- Total expenses
- $2,098,758
- Net increase / (decrease)
- -$154,886
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Optum Insurance Company | NONE | $423,731 | not reported in the loaded dataset |
| Lr Webber | NONE | $23,666 | not reported in the loaded dataset |
| Benecon | NONE | $22,082 | not reported in the loaded dataset |
| Pbasc | NONE | $6,766 | not reported in the loaded dataset |
| Highmark | NONE | $2,288 | not reported in the loaded dataset |