2023 Form 5500 filing — Mvm Inc Health And Welfare 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 20241015172441NAL0030483841001) for Mvm Inc Health And Welfare Plan, reported by Kg&P Strategies Inc under EIN 85-3585838 and plan number 502. It reports 1,530 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015172441NAL0030483841001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Kg&P Strategies Inc
- EIN
- 85-3585838
- Plan number
- 502
- Location
- Ashburn, VA
- Participants
- 1,530
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $809,551
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $809,551
- Employer contributions
- $7,544,095
- Participant contributions
- $2,169,434
- Total income / additions
- $9,752,014
- Benefits paid
- $9,715,415
- Administrative expenses
- $1,097,573
- Total expenses
- $10,812,988
- Net increase / (decrease)
- -$1,060,974
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cigna Health And Life Insurance Co | MEDICAL/RX ADMINISTRATOR | $705,128 | $0 |
| Government Service Contractors | RECORDKEEPER | $468,389 | not reported in the loaded dataset |
| Willis Towers Watson Southeast Inc | BROKER | $0 | $111,158 |
| Hartford Life And Accident Ins Co | ADAAA/FMLA MANAGEMENT | $92,726 | not reported in the loaded dataset |
| Health Advocate Solutions Inc | HEALTH CARE CONCIERGE | $38,465 | not reported in the loaded dataset |
| Telus Health Ltd | EAP ADMINISTRATOR | $37,117 | not reported in the loaded dataset |
| Bank Of America | TRUSTEE | $12,085 | not reported in the loaded dataset |
| Flores And Associates | HSA/FSA/COBRA ADMIN | $11,477 | not reported in the loaded dataset |