Health Connect America Retirement Savings Plan — Form 5500 plan (Health Connect America)
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 Connect America Retirement Savings Plan is a benefit plan reported by Health Connect America under EIN 20-3858944 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,739 participants and $8,355,658 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$8.4MPlan net assets, end of year$8,355,658
Participants1.7KCovered participants reported1,739
Assets / participant$4.8KComputed: assets ÷ participants$4,805 (computed)
Provider compensation$106.3K3 Schedule C provider row(s)$106,306
- Plan sponsor
- Health Connect America
- EIN
- 20-3858944
- Plan number
- 001
- Plan type
- 2
- Location
- Franklin, TN
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,739 | H, C | 20241015155342NAL0015013907001 |
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)$8.4M total assets
Net assets$8.4MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $8,355,658
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,355,658
- Net assets (BOY)
- $5,726,395
Income & contributions
- Employer contributions
- $190,647
- Participant contributions
- $2,074,728
- Total contributions
- $2,715,139
- Total income / additions
- $3,862,980
Expenses & distributions
- Benefits paid
- $1,116,004
- Administrative expenses
- $106,306
- Total expenses
- $1,233,717
- Net increase / (decrease)
- $2,629,263
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.
92%
Employer 8%Participant 92%
Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income29%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $77,525 | $0 | 2023 |
| Cbiz Investment Advisory Services L | INVESTMENT ADVISOR | $23,335 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $5,446 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Health Connect America
- 2023 Form 5500 filing
- Form 5500 filings in TN
- 401(k) and benefit plan filings in Franklin, TN
- Empower Annuity Insurance Company O — Schedule C compensation
- Cbiz Investment Advisory Services L — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation