2023 Form 5500 filing — Gaylor Electric, Inc. Employee Benefit 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 20240916094038NAL0003563458001) for Gaylor Electric, Inc. Employee Benefit Plan, reported by Gaylor Electric, Inc. under EIN 20-3727689 and plan number 501. It reports 1,526 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240916094038NAL0003563458001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Gaylor Electric, Inc.
- EIN
- 20-3727689
- Plan number
- 501
- Location
- Indianapolis, IN
- Participants
- 1,526
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $172,733
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $172,733
- Employer contributions
- $7,770,465
- Participant contributions
- $3,332,010
- Total income / additions
- $11,102,487
- Benefits paid
- $9,942,631
- Administrative expenses
- $1,224,041
- Total expenses
- $11,166,672
- Net increase / (decrease)
- -$64,185
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Umr Insurance Companies | CLAIMS PROCESSOR | $534,717 | $17,122 |
| Coordinated Care Programs LLC | QUANTUM HEALTH, INC. | $313,132 | not reported in the loaded dataset |
| True Rx | THIRD PARTY ADMIN | $181,309 | not reported in the loaded dataset |
| Benefit Technology Resources, LLC | COMPUTER SERVICE | $77,808 | not reported in the loaded dataset |
| Delta Dental Plan Of Indiana | BENEFIT ADMINISTRATOR | $32,431 | $10,261 |
| Fmla Source | PLAN ADMIN FEES | $17,657 | not reported in the loaded dataset |
| Rx Help Center, LLC | COST EFFECTIVE CARE | $8,700 | not reported in the loaded dataset |
| Basic | COBRA ADMIN FEES | $8,660 | not reported in the loaded dataset |
| Plan Source | PLAN ADMIN FEES | $6,632 | not reported in the loaded dataset |