2023 Form 5500 filing — Bankers Healthcare Group, LLC Employees' 401(K) Retirement 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 20240924084909NAL0007302019001) for Bankers Healthcare Group, LLC Employees' 401(K) Retirement Plan, reported by Bankers Healthcare Group, LLC under EIN 65-0376686 and plan number 001. It reports 1,901 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240924084909NAL0007302019001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bankers Healthcare Group, LLC
- EIN
- 65-0376686
- Plan number
- 001
- Location
- Syracuse, NY
- Participants
- 1,901
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $74,483,215
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $74,483,215
- Employer contributions
- $3,820,072
- Participant contributions
- $10,816,006
- Total income / additions
- $26,604,398
- Benefits paid
- $7,232,585
- Administrative expenses
- $36,478
- Total expenses
- $7,269,063
- Net increase / (decrease)
- $19,335,335
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Actuarial Pension Analysts, Inc. | THIRD PARTY ADMINISTRATO | $20,928 | $30,801 |
| Voya Retirement Ins & Ann Co | SERVICE PROVIDER | $15,550 | not reported in the loaded dataset |
| Morningstar | SERVICE PROVI | $0 | $10,653 |