Health Benefits Plan For Employees Of R.E. Pierson Companies — Form 5500 plan (Richard E. Pierson Construction Co. 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, Health Benefits Plan For Employees Of R.E. Pierson Companies is a benefit plan reported by Richard E. Pierson Construction Co. Inc. under EIN 22-2269412 and plan number 501. The latest loaded filing year is 2023. The filing reports 206 participants and $421,777 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Richard E. Pierson Construction Co. Inc.
EIN
22-2269412
Plan number
501
Plan type
2
Location
Pilesgrove, NJ
Latest filing year
2023
Participants
206
End-of-year plan assets
$421,777

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023206H, C20240819090013NAL0000835923001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$421,777
Total liabilities (EOY)
$552,158
Net assets (EOY)
-$130,381
Net assets (BOY)
-$377,172

Income & contributions

Employer contributions
$2,566,412
Participant contributions
$238,232
Total contributions
$2,804,644
Total income / additions
$2,808,096

Expenses & distributions

Benefits paid
$1,748,512
Administrative expenses
$812,793
Total expenses
$2,561,305
Net increase / (decrease)
$246,791

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
AetnaADMIN$105,365not reported in the loaded dataset2023
Trion Group (Marsh & Mclennan)BROKER$97,346not reported in the loaded dataset2023
The Benecon Group, LLCBROKER$33,901not reported in the loaded dataset2023
Connectcare 3PATIENT ADVOCATE$11,761not reported in the loaded dataset2023

Related Form 5500 pages