Acutec Precision Aerospace, Inc. Group Medical Plan (502) — Form 5500 plan (Acutec Precision Aerospace, 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, Acutec Precision Aerospace, Inc. Group Medical Plan (502) is a benefit plan reported by Acutec Precision Aerospace, Inc. under EIN 25-1576100 and plan number 502. The latest loaded filing year is 2023. The filing reports 436 participants and $199,245 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Acutec Precision Aerospace, Inc.
- EIN
- 25-1576100
- Plan number
- 502
- Plan type
- 2
- Location
- Meadville, PA
- Latest filing year
- 2023
- Participants
- 436
- End-of-year plan assets
- $199,245
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 436 | H, C | 20240415101951NAL0003359890001 |
| 2023 | 413 | H, C | 20260205134006NAL0005398688001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $199,245
- Total liabilities (EOY)
- $1,330,327
- Net assets (EOY)
- -$1,131,082
- Net assets (BOY)
- -$541,621
Income & contributions
- Employer contributions
- $4,861,713
- Participant contributions
- $242,779
- Total contributions
- $5,104,492
- Total income / additions
- $5,108,072
Expenses & distributions
- Benefits paid
- $5,454,782
- Administrative expenses
- $242,751
- Total expenses
- $5,697,533
- Net increase / (decrease)
- -$589,461
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Highmark West | ADMIN | $165,559 | not reported in the loaded dataset | 2023 |
| Highmark | ADMIN | $86,926 | not reported in the loaded dataset | 2023 |
| The Benecon Group, LLC | BROKER | $65,424 | not reported in the loaded dataset | 2023 |
| The Benecon Group, LLC | BROKER | $30,469 | not reported in the loaded dataset | 2023 |
| Connectcare3 | PATIENT ADVOCATE | $22,717 | not reported in the loaded dataset | 2023 |
| Connectcare 3 | PATIENT ADVOCATE | $10,584 | not reported in the loaded dataset | 2023 |
| The Djb Group | BROKER | $0 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Acutec Precision Aerospace, Inc.
- 2023 Form 5500 filing
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Meadville, PA
- Highmark West — Schedule C compensation
- Highmark — Schedule C compensation
- The Benecon Group, LLC — Schedule C compensation
- Connectcare3 — Schedule C compensation
- Connectcare 3 — Schedule C compensation
- The Djb Group — Schedule C compensation