Healthsmart Benefits Management, LLC 401(K) Retirement Benefit Plan — Form 5500 plan (Healthsmart Benefits Management, LLC)
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, Healthsmart Benefits Management, LLC 401(K) Retirement Benefit Plan is a benefit plan reported by Healthsmart Benefits Management, LLC under EIN 27-1300475 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,050 participants and $0 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Healthsmart Benefits Management, LLC
- EIN
- 27-1300475
- Plan number
- 001
- Plan type
- 2
- Location
- Minnetonka, MN
- Latest filing year
- 2023
- Participants
- 1,050
- End-of-year plan assets
- $0
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,050 | H, C | 20241013155656NAL0050868786001 |
| 2023 | 960 | H, C | 20241120143117NAL0002103651001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $37,882,129
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $37,882,129
- Net assets (BOY)
- $36,835,621
Income & contributions
- Participant contributions
- $1,887,916
- Total contributions
- $1,890,127
- Total income / additions
- $7,579,230
Expenses & distributions
- Benefits paid
- $6,385,432
- Administrative expenses
- $117,975
- Total expenses
- $6,532,722
- Net increase / (decrease)
- $1,046,508
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Ins Co. Of America | RECORDKEEPER | $74,601 | $0 | 2023 |
| Empower Annuity Ins Co. Of America | RECORDKEEPER | $51,422 | $0 | 2023 |
| Usi Advisors Inc | INVESTMENT ADVISOR | $41,250 | not reported in the loaded dataset | 2023 |
| Baker Tilly Virchow Krause, Llp | AUDITOR | $24,000 | not reported in the loaded dataset | 2023 |
| Baker Tilly Virchow Krause, Llp | AUDITOR | $16,300 | not reported in the loaded dataset | 2023 |
| Nfp Retirement, Inc. | ACCOUNTANT | $2,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Healthsmart Benefits Management, LLC
- 2023 Form 5500 filing
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Minnetonka, MN
- Empower Annuity Ins Co. Of America — Schedule C compensation
- Usi Advisors Inc — Schedule C compensation
- Baker Tilly Virchow Krause, Llp — Schedule C compensation
- Nfp Retirement, Inc. — Schedule C compensation