Health Plans, Inc. 401(K) & Profit Sharing Plan — Form 5500 plan (Point32health)

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, Health Plans, Inc. 401(K) & Profit Sharing Plan is a benefit plan reported by Point32health under EIN 04-2734278 and plan number 002. The latest loaded filing year is 2023. The filing reports 829 participants and $51,671,164 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Point32health
EIN
04-2734278
Plan number
002
Plan type
2
Location
Westborough, MA
Latest filing year
2023
Participants
829
End-of-year plan assets
$51,671,164

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023829H, C20241007113854NAL0008834323001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$51,671,164
Total liabilities (EOY)
$0
Net assets (EOY)
$51,671,164
Net assets (BOY)
$39,862,370

Income & contributions

Employer contributions
$2,036,290
Participant contributions
$4,441,976
Total contributions
$7,265,668
Total income / additions
$14,917,950

Expenses & distributions

Benefits paid
$3,172,509
Administrative expenses
-$61,230
Total expenses
$3,109,156
Net increase / (decrease)
$11,808,794

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Ernest & Young LlpINVESTMENT ADVISOR$26,000not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER-$92,064$02023

Related Form 5500 pages