2023 Form 5500 filing — Security Benefit Corporation 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 20241015094508NAL0027978961004) for Security Benefit Corporation Welfare Benefit Plan, reported by Security Benefit Corporation under EIN 48-1202239 and plan number 501. It reports 1,464 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015094508NAL0027978961004
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Security Benefit Corporation
- EIN
- 48-1202239
- Plan number
- 501
- Location
- Topeka, KS
- Participants
- 1,464
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,628,284
- Net assets (EOY)
- $5,628,284
- Employer contributions
- $16,272,658
- Participant contributions
- $4,752,326
- Total income / additions
- $21,697,163
- Benefits paid
- $22,761,956
- Administrative expenses
- $1,005,695
- Total expenses
- $23,767,651
- Net increase / (decrease)
- -$2,070,488
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| United Healthcare Services, Inc. | CLAIMS PROCESSOR | $911,753 | $0 |
| Delta Dental Of Kansas, Inc. | CONTRACT ADMINISTRATOR | $40,439 | not reported in the loaded dataset |
| Wex, Inc. | FSA ADMINISTRATOR | $23,807 | not reported in the loaded dataset |
| Compsych | THIRD PARTY ADMINISTRATOR | $0 | $15,597 |