The Charles Stark Draper Laboratory, Inc. Retired Employees Medical Benefits Plan — Form 5500 plan (Charles Stark Draper Laboratory)

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, The Charles Stark Draper Laboratory, Inc. Retired Employees Medical Benefits Plan is a benefit plan reported by Charles Stark Draper Laboratory under EIN 04-2505372 and plan number 510. The latest loaded filing year is 2023. The filing reports 741 participants and $25,458,244 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Charles Stark Draper Laboratory
EIN
04-2505372
Plan number
510
Plan type
2
Location
Cambridge, MA
Latest filing year
2023
Participants
741
End-of-year plan assets
$25,458,244

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023741H, C20241015142915NAL0014843267001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$25,458,244
Total liabilities (EOY)
$0
Net assets (EOY)
$25,458,244
Net assets (BOY)
$22,812,975

Income & contributions

Employer contributions
$728,935
Participant contributions
$244,285
Total contributions
$973,220
Total income / additions
$4,102,781

Expenses & distributions

Benefits paid
$1,253,910
Administrative expenses
$203,602
Total expenses
$1,457,512
Net increase / (decrease)
$2,645,269

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Blue Cross Blue Shield Of MassachusINSURER$2,890,383$315,6902023
TiaaRECORDKEEPER$203,602not reported in the loaded dataset2023
Mercer Investments LLCFIDUCIARY$92,837$41,5252023

Related Form 5500 pages