Healthnow New York Inc. Elective 401(K) Plan — Form 5500 plan (Highmark Western And Northeastern New York 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, Healthnow New York Inc. Elective 401(K) Plan is a benefit plan reported by Highmark Western And Northeastern New York Inc. under EIN 16-1105741 and plan number 008. The latest loaded filing year is 2023. The filing reports 2,016 participants and $233,079,622 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$233MPlan net assets, end of year$233,028,308
Participants2KCovered participants reported2,016
Assets / participant$115.6KComputed: assets ÷ participants$115,615 (computed)
Provider compensation$195.9K4 Schedule C provider row(s)$195,922
Plan sponsor
Highmark Western And Northeastern New York Inc.
EIN
16-1105741
Plan number
008
Plan type
2
Location
Pittsburgh, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,016H, C20241008090630NAL0008206595001
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)$233.1M total assets
Net assets$233MLiabilities$51.3K
Money in vs. money out
Total income / additions$32.8M
Total expenses$31.1M
Benefits paid / distributions$31M
Full reported line items

Net assets

Total assets (EOY)
$233,079,622
Total liabilities (EOY)
$51,314
Net assets (EOY)
$233,028,308
Net assets (BOY)
$231,295,874

Income & contributions

Total contributions
$0
Total income / additions
$32,833,986

Expenses & distributions

Benefits paid
$31,000,712
Administrative expenses
$100,840
Total expenses
$31,101,552
Net increase / (decrease)
$1,732,434
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 income94%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Alight Solutions LLCNONE$101,560$02023
The Bank Of New York MellonNONE$41,693not reported in the loaded dataset2023
Fidelity InvestmentsNONE$33,119not reported in the loaded dataset2023
Baker Tilly Us, LlpNONE$19,550not reported in the loaded dataset2023

Related Form 5500 pages