Herbein + Company, Inc. Group Medical Plan — Form 5500 plan (Herbein And Company, 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, Herbein + Company, Inc. Group Medical Plan is a benefit plan reported by Herbein And Company, Inc. under EIN 23-2415973 and plan number 502. The latest loaded filing year is 2023. The filing reports 168 participants and $272,747 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Herbein And Company, Inc.
EIN
23-2415973
Plan number
502
Plan type
2
Location
Reading, PA
Latest filing year
2023
Participants
168
End-of-year plan assets
$272,747

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023168H, C20241015142817NAL0029975777001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$272,747
Total liabilities (EOY)
$446,941
Net assets (EOY)
-$174,194
Net assets (BOY)
$0

Income & contributions

Employer contributions
$2,320,559
Participant contributions
$598,708
Total contributions
$2,943,194
Total income / additions
$3,196,734

Expenses & distributions

Benefits paid
$3,233,899
Administrative expenses
$137,029
Total expenses
$3,370,928
Net increase / (decrease)
-$174,194

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Patriot (Power-Kunkle Group, Inc.)BROKER$73,872not reported in the loaded dataset2023
The Benecon GroupBROKER$39,703not reported in the loaded dataset2023
Highmark Blue Shield (Central)ADMIN$12,250not reported in the loaded dataset2023
Connectcare3PATIENT ADVOCATE$11,204not reported in the loaded dataset2023

Related Form 5500 pages