Plan5500

World Electronics Sales & Service, Inc. Group Medical Plan — Form 5500 plan (World Electronics Sales & Service, 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, World Electronics Sales & Service, Inc. Group Medical Plan is a benefit plan reported by World Electronics Sales & Service, Inc. under EIN 23-2196733 and plan number 506. The latest loaded filing year is 2023. The filing reports 85 participants and $98,877 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
World Electronics Sales & Service, Inc.
EIN
23-2196733
Plan number
506
Plan type
2
Location
Reading, PA
Latest filing year
2023
Participants
85
End-of-year plan assets
$98,877

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202385I, C20240614114036NAL0016917859001

Reported financial statement (2023 · Schedule I)

Net assets

Total assets (EOY)
$98,877
Total liabilities (EOY)
$159,849
Net assets (EOY)
-$60,972
Net assets (BOY)
-$1,622

Income & contributions

Employer contributions
$1,038,214
Participant contributions
$23,600
Total income / additions
$1,065,958

Expenses & distributions

Benefits paid
$746,988
Administrative expenses
$6,390
Total expenses
$1,125,308
Net increase / (decrease)
-$59,350

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Patriot (Power-Kunkle Group, Inc.)BROKER$35,944not reported in the loaded dataset2023
The Benecon Group, LLCBROKER$20,607not reported in the loaded dataset2023
Capital BluecrossADMIN$6,390not reported in the loaded dataset2023
Connectcare3, LLCPATIENT ADVOCATE$5,815not reported in the loaded dataset2023

Related Form 5500 pages