Hitachi America, Ltd., Group Health And Welfare Plan — Form 5500 plan (Hitachi America, Ltd)
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, Hitachi America, Ltd., Group Health And Welfare Plan is a benefit plan reported by Hitachi America, Ltd under EIN 23-7688845 and plan number 501. The latest loaded filing year is 2023. The filing reports 14,275 participants and $19,295,144 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hitachi America, Ltd
- EIN
- 23-7688845
- Plan number
- 501
- Plan type
- 2
- Location
- Santa Clara, CA
- Latest filing year
- 2023
- Participants
- 14,275
- End-of-year plan assets
- $19,295,144
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 14,275 | H, C | 20251015131908NAL0002353987001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,295,144
- Total liabilities (EOY)
- $43,013,895
- Net assets (EOY)
- -$23,718,751
- Net assets (BOY)
- -$6,807,768
Income & contributions
- Employer contributions
- $172,931,534
- Participant contributions
- $47,449,824
- Total contributions
- $220,381,358
- Total income / additions
- $220,559,181
Expenses & distributions
- Benefits paid
- $224,985,732
- Administrative expenses
- $12,484,432
- Total expenses
- $237,470,164
- Net increase / (decrease)
- -$16,910,983
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Anthem Insurance Company | NONE | $10,446,049 | $0 | 2023 |
| Businesssolver.Com, Inc. | NONE | $1,328,200 | not reported in the loaded dataset | 2023 |
| Woodruff-Sawyer & Co. | NONE | $0 | $1,053,419 | 2023 |
| Vision Service Plan | NONE | $146,354 | not reported in the loaded dataset | 2023 |
| Cvshealth | NONE | $143,692 | not reported in the loaded dataset | 2023 |
| Lincoln National Life Insurance Co. | NONE | $85,233 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Hitachi America, Ltd
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in Santa Clara, CA
- Anthem Insurance Company — Schedule C compensation
- Businesssolver.Com, Inc. — Schedule C compensation
- Woodruff-Sawyer & Co. — Schedule C compensation
- Vision Service Plan — Schedule C compensation
- Cvshealth — Schedule C compensation
- Lincoln National Life Insurance Co. — Schedule C compensation