2023 Form 5500 filing — Bayhealth Medical Center Inc Short Term Disability
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 20241014100012NAL0026971713005) for Bayhealth Medical Center Inc Short Term Disability, reported by Bayhealth Medical Center, Inc. under EIN 51-0064318 and plan number 505. It reports 2,326 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014100012NAL0026971713005
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bayhealth Medical Center, Inc.
- EIN
- 51-0064318
- Plan number
- 505
- Location
- Dover, DE
- Participants
- 2,326
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $995,878
- Net assets (EOY)
- $995,878
- Participant contributions
- $1,288,020
- Total income / additions
- $1,326,815
- Benefits paid
- $1,035,355
- Administrative expenses
- $93,369
- Total expenses
- $1,128,724
- Net increase / (decrease)
- $198,091
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Matrix Absence Management, Inc. | CONTRACT ADMINISTRATOR | $92,444 | not reported in the loaded dataset |