2023 Form 5500 filing — Management Consulting Inc. Health And Welfare Plan- Two

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 20240927123023NAL0003665856001) for Management Consulting Inc. Health And Welfare Plan- Two, reported by Management Consulting, Inc. under EIN 54-1244651 and plan number 503. It reports 520 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$129.6KReported net assets$129,622
Participants520
Provider compensation$537.2K2 Schedule C row(s)$537,178
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240927123023NAL0003665856001
Plan sponsor
Management Consulting, Inc.
EIN
54-1244651
Plan number
503
Location
Virginia Beach, VA
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$328K total assets
Net assets$129.6KLiabilities$198.4K
Money in vs. money out
Total income / additions$3.8M
Total expenses$3.9M
Benefits paid / distributions$3.6M
Contributions
Employer$3.4M
Participant$378.5K
Full reported line items
Total assets (EOY)
$328,047
Total liabilities (EOY)
$198,425
Net assets (EOY)
$129,622
Employer contributions
$3,380,788
Participant contributions
$378,462
Total income / additions
$3,759,250
Benefits paid
$3,642,050
Administrative expenses
$289,909
Total expenses
$3,931,959
Net increase / (decrease)
-$172,709

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Anthem Health Plans Of VirginiaCONTRACT ADMINISTRATOR$187,359$317,337
Usi Ins Services LLCBROKERnot reported in the loaded dataset$32,482

Related Form 5500 pages