Plan5500

New York Medical College Prefunded Life And Health Insurance Benefit Plan — Form 5500 plan (New York Medical College)

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, New York Medical College Prefunded Life And Health Insurance Benefit Plan is a benefit plan reported by New York Medical College under EIN 13-1099420 and plan number 518. The latest loaded filing year is 2023. The filing reports 321 participants and $4,097,683 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.1MPlan net assets, end of year$4,050,239
Participants321Covered participants reported
Assets / participant$12.8KComputed: assets ÷ participants$12,765 (computed)
Provider compensation$117.7K5 Schedule C provider row(s)$117,658
Plan sponsor
New York Medical College
EIN
13-1099420
Plan number
518
Plan type
2
Location
Valhalla, NY
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    321 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$4.1M total assets
Net assets$4.1MLiabilities$47.4K
Money in vs. money out
Total income / additions$953K
Total expenses$511.2K
Benefits paid / distributions$393.1K
Contributions
EmployerNot reported
Participant$499.4K
Full reported line items

Net assets

Total assets (EOY)
$4,097,683
Total liabilities (EOY)
$47,444
Net assets (EOY)
$4,050,239
Net assets (BOY)
$3,608,442

Income & contributions

Participant contributions
$499,447
Total contributions
$499,447
Total income / additions
$952,993

Expenses & distributions

Benefits paid
$393,138
Administrative expenses
$118,058
Total expenses
$511,196
Net increase / (decrease)
$441,797
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income41%Computed ratio
Provider comp. ÷ net assets3%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    The Bank Of New York$54.2K
    CUSTODIAN · Direct $54.2K
  2. 2
    Mercer$35.1K
    NONE · Direct $35.1K
  3. 3
    Rbt$14K
    NONE · Direct $14K
  4. 4
    Pricewaterhousecoopers Llp$10K
    NONE · Direct $10K
  5. 5
    Global Multi-Asset Fund$4.4K
    NONE · Direct $4.4K

Related Form 5500 pages