Edwards Business Systems Section 125 Plan — Form 5500 plan (Edwards Business Machines, 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, Edwards Business Systems Section 125 Plan is a benefit plan reported by Edwards Business Machines, Inc. under EIN 23-1672672 and plan number 501. The latest loaded filing year is 2023. The filing reports 103 participants and $71,001 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Edwards Business Machines, Inc.
- EIN
- 23-1672672
- Plan number
- 501
- Plan type
- 2
- Location
- West Reading, PA
- Latest filing year
- 2023
- Participants
- 103
- End-of-year plan assets
- $71,001
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 103 | H, C | 20250214131651NAL0024738289001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $71,001
- Total liabilities (EOY)
- $128,461
- Net assets (EOY)
- -$57,460
- Net assets (BOY)
- $452,063
Income & contributions
- Employer contributions
- $947,711
- Participant contributions
- $402,450
- Total contributions
- $1,350,161
- Total income / additions
- $1,360,052
Expenses & distributions
- Benefits paid
- $1,338,440
- Administrative expenses
- $531,135
- Total expenses
- $1,869,575
- Net increase / (decrease)
- -$509,523
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Capital Bluecross | ADMIN | $48,977 | not reported in the loaded dataset | 2023 |
| Harding-Yost Insurance Assoc. | BROKER | $27,214 | not reported in the loaded dataset | 2023 |
| The Benecon Group, LLC | BROKER | $18,905 | not reported in the loaded dataset | 2023 |
| Connectcare 3 | PATIENT ADVOCATE | $6,561 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Edwards Business Machines, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in West Reading, PA
- Capital Bluecross — Schedule C compensation
- Harding-Yost Insurance Assoc. — Schedule C compensation
- The Benecon Group, LLC — Schedule C compensation
- Connectcare 3 — Schedule C compensation