Lvaic Group Health Plan — Form 5500 plan (Lehigh Valley Association Of Independent Colleges)
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, Lvaic Group Health Plan is a benefit plan reported by Lehigh Valley Association Of Independent Colleges under EIN 23-7077479 and plan number 501. The latest loaded filing year is 2023. The filing reports 1,339 participants and $8,081,279 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Lehigh Valley Association Of Independent Colleges
- EIN
- 23-7077479
- Plan number
- 501
- Plan type
- 3
- Location
- Bethlehem, PA
- Latest filing year
- 2023
- Participants
- 1,339
- End-of-year plan assets
- $8,081,279
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,339 | H, C | 20250212152459NAL0037097568001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,081,279
- Total liabilities (EOY)
- $3,217,835
- Net assets (EOY)
- $4,863,444
- Net assets (BOY)
- $5,144,037
Income & contributions
- Employer contributions
- $17,287,902
- Participant contributions
- $3,649,846
- Total contributions
- $20,937,748
- Total income / additions
- $21,213,224
Expenses & distributions
- Benefits paid
- $20,811,772
- Administrative expenses
- $682,045
- Total expenses
- $21,493,817
- Net increase / (decrease)
- -$280,593
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Capital Advantage Assurance Company | CONTRACT ADMINISTRATOR | $387,565 | not reported in the loaded dataset | 2023 |
| Usi Insurance Services | CONSULTANT | $170,000 | not reported in the loaded dataset | 2023 |
| Magellan Rx Management, LLC | PHARMACY BENEFIT MANAGEME | $40,677 | not reported in the loaded dataset | 2023 |
| Travels Insurance | NONE | $14,985 | not reported in the loaded dataset | 2023 |
| Baker Tilly Us, Llp | AUDITOR | $12,344 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Lehigh Valley Association Of Independent Colleges
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Bethlehem, PA
- Capital Advantage Assurance Company — Schedule C compensation
- Usi Insurance Services — Schedule C compensation
- Magellan Rx Management, LLC — Schedule C compensation
- Travels Insurance — Schedule C compensation
- Baker Tilly Us, Llp — Schedule C compensation