Traditions Bank Group Health Plan — Form 5500 plan (Traditions Bank)
Plain-English plan 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, Traditions Bank Group Health Plan is a benefit plan reported by Traditions Bank under EIN 03-0454928 and plan number 501. The latest loaded filing year is 2023. The filing reports 132 participants and $80,422 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Traditions Bank
- EIN
- 03-0454928
- Plan number
- 501
- Plan type
- 2
- Location
- York, PA
- Latest filing year
- 2023
- Participants
- 132
- End-of-year plan assets
- $80,422
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 132 | H, C | 20240912085742NAL0014232800001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $80,422
- Total liabilities (EOY)
- $22,289
- Net assets (EOY)
- $58,133
- Net assets (BOY)
- $213,019
Income & contributions
- Employer contributions
- $1,652,670
- Participant contributions
- $289,100
- Total contributions
- $1,941,770
- Total income / additions
- $1,943,872
Expenses & distributions
- Benefits paid
- $1,610,891
- Administrative expenses
- $487,867
- Total expenses
- $2,098,758
- Net increase / (decrease)
- -$154,886
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Optum Insurance Company | NONE | $423,731 | not reported in the loaded dataset | 2023 |
| Lr Webber | NONE | $23,666 | not reported in the loaded dataset | 2023 |
| Benecon | NONE | $22,082 | not reported in the loaded dataset | 2023 |
| Pbasc | NONE | $6,766 | not reported in the loaded dataset | 2023 |
| Highmark | NONE | $2,288 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Traditions Bank
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in York, PA
- Optum Insurance Company — Schedule C compensation
- Lr Webber — Schedule C compensation
- Benecon — Schedule C compensation
- Pbasc — Schedule C compensation
- Highmark — Schedule C compensation