2023 Form 5500 filing — 403(B) Thrift Plan For Lifenet Virginia Beach, Virginia
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 20241002080806NAL0014553888001) for 403(B) Thrift Plan For Lifenet Virginia Beach, Virginia, reported by Lifenet Health under EIN 52-1273592 and plan number 002. It reports 1,602 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002080806NAL0014553888001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Lifenet Health
- EIN
- 52-1273592
- Plan number
- 002
- Location
- Virginia Beach, VA
- Participants
- 1,602
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $72,650,047
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $72,650,047
- Participant contributions
- $9,494,374
- Total income / additions
- $20,875,035
- Benefits paid
- $5,053,073
- Administrative expenses
- $115,895
- Total expenses
- $5,180,980
- Net increase / (decrease)
- $15,694,055
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $115,895 | $0 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |