Virginia Private Colleges Benefits Consortium, Inc. Health Plan — Form 5500 plan (Virginia Private Colleges Benefits Consortium, 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, Virginia Private Colleges Benefits Consortium, Inc. Health Plan is a benefit plan reported by Virginia Private Colleges Benefits Consortium, Inc. under EIN 27-1367957 and plan number 501. The latest loaded filing year is 2023. The filing reports 3,433 participants and $21,108,913 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Virginia Private Colleges Benefits Consortium, Inc.
EIN
27-1367957
Plan number
501
Plan type
3
Location
Bedford, VA
Latest filing year
2023
Participants
3,433
End-of-year plan assets
$21,108,913

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20233,433H, C20240924103626NAL0012824033001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$21,108,913
Total liabilities (EOY)
$4,267,562
Net assets (EOY)
$16,841,351
Net assets (BOY)
$18,136,576

Income & contributions

Employer contributions
$28,687,144
Participant contributions
$13,394,006
Total contributions
$42,081,150
Total income / additions
$42,898,641

Expenses & distributions

Benefits paid
$39,484,800
Administrative expenses
$4,709,066
Total expenses
$44,193,866
Net increase / (decrease)
-$1,295,225

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Anthem Health Plans Of Virginia IncNONE$2,961,766$2,614,7122023
Healthkeepers, Inc.NONE$0$836,2332023
CicvNONE$407,297not reported in the loaded dataset2023
Marsh MclennanNONE$288,450not reported in the loaded dataset2023
EmpyreanNONE$215,473not reported in the loaded dataset2023
LocktonNONE$125,000$26,4282023
Delta Dental Of VirginiaBENEFIT ADMINISTRATOR$130,965not reported in the loaded dataset2023
Haynes BenefitsNONE$84,983not reported in the loaded dataset2023
Web MdNONE$69,097not reported in the loaded dataset2023
TravelersNONE$57,153not reported in the loaded dataset2023
Health Advocate SolutionsNONE$54,002not reported in the loaded dataset2023
Brown, Edwards & Company, L.L.P.NONE$29,600not reported in the loaded dataset2023
EbixNONE$19,477not reported in the loaded dataset2023
Mcgriff Insurance ServicesNONE$10,500not reported in the loaded dataset2023
Cedar Hill Business Associates, LLCLESSOR$9,190not reported in the loaded dataset2023
Harrison Building, Inc.PART OWNER-BOARD MEMEBER$8,993not reported in the loaded dataset2023
B2c EnterprisesNONE$8,425not reported in the loaded dataset2023
Rcm&DNONE$5,500not reported in the loaded dataset2023
Truist BankNONE$5,044not reported in the loaded dataset2023

Related Form 5500 pages