2023 Form 5500 filing — Nexus Family Healing Health And Welfare 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 20241014145057NAL0015138019001) for Nexus Family Healing Health And Welfare Benefit Plan, reported by Nexus Family Healing under EIN 41-1419064 and plan number 502. It reports 875 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014145057NAL0015138019001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Nexus Family Healing
- EIN
- 41-1419064
- Plan number
- 502
- Location
- Plymouth, MN
- Participants
- 875
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $672,777
- Total liabilities (EOY)
- $1,036,105
- Net assets (EOY)
- -$363,328
- Employer contributions
- $7,891,438
- Participant contributions
- $2,342,645
- Total income / additions
- $10,256,492
- Benefits paid
- $10,323,379
- Administrative expenses
- $247,127
- Total expenses
- $10,570,506
- Net increase / (decrease)
- -$314,014
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Blue Cross And Blue Shield Of Mn | NONE | $167,764 | $957,920 |
| Delta Dental Of Minnesota | NONE | $37,920 | not reported in the loaded dataset |
| Hr Simplified | NONE | $17,452 | not reported in the loaded dataset |
| Eide Bailly Llp | NONE | $14,000 | not reported in the loaded dataset |
| Alerus | NONE | $9,991 | not reported in the loaded dataset |