Independent Health 401(K) Retirement Savings Plan — Form 5500 plan (Independent Health Association, Inc.)

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, Independent Health 401(K) Retirement Savings Plan is a benefit plan reported by Independent Health Association, Inc. under EIN 16-1080163 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,980 participants and $213,660,205 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Independent Health Association, Inc.
EIN
16-1080163
Plan number
002
Plan type
2
Location
Buffalo, NY
Latest filing year
2023
Participants
1,980
End-of-year plan assets
$213,660,205

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,980H, C20240724121614NAL0021590512001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$213,660,205
Total liabilities (EOY)
$0
Net assets (EOY)
$213,660,205
Net assets (BOY)
$173,811,202

Income & contributions

Employer contributions
$4,863,654
Participant contributions
$12,266,503
Total contributions
$19,172,347
Total income / additions
$51,548,956

Expenses & distributions

Benefits paid
$11,513,400
Administrative expenses
$186,553
Total expenses
$11,699,953
Net increase / (decrease)
$39,849,003

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$186,552$02023

Related Form 5500 pages