Tom Masano, Inc. Welfare Benefit Plan — Form 5500 plan (Tom Masano, 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, Tom Masano, Inc. Welfare Benefit Plan is a benefit plan reported by Tom Masano, Inc. under EIN 23-1746978 and plan number 501. The latest loaded filing year is 2023. The filing reports 152 participants and $105,842 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Tom Masano, Inc.
- EIN
- 23-1746978
- Plan number
- 501
- Plan type
- 2
- Location
- Reading, PA
- Latest filing year
- 2023
- Participants
- 152
- End-of-year plan assets
- $105,842
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 152 | H, C | 20241014092329NAL0051701138001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $105,842
- Total liabilities (EOY)
- $219,413
- Net assets (EOY)
- -$113,571
- Net assets (BOY)
- -$42,515
Income & contributions
- Employer contributions
- $681,059
- Participant contributions
- $860,832
- Total contributions
- $1,541,891
- Total income / additions
- $1,543,803
Expenses & distributions
- Benefits paid
- $1,508,161
- Administrative expenses
- $106,698
- Total expenses
- $1,614,859
- Net increase / (decrease)
- -$71,056
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Patriot (Power-Kunkle Group, Inc.) | BROKER | $40,826 | not reported in the loaded dataset | 2023 |
| The Benecon Group, LLC | BROKER | $31,005 | not reported in the loaded dataset | 2023 |
| Highmark Blue Shield (Central) | ADMIN | $25,480 | not reported in the loaded dataset | 2023 |
| Connectcare3 | PATIENT ADVOCATE | $9,387 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Tom Masano, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Reading, PA
- Patriot (Power-Kunkle Group, Inc.) — Schedule C compensation
- The Benecon Group, LLC — Schedule C compensation
- Highmark Blue Shield (Central) — Schedule C compensation
- Connectcare3 — Schedule C compensation