Worksmart Systems, Inc. Health Benefits Plan — Form 5500 plan (Worksmart Systems, 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, Worksmart Systems, Inc. Health Benefits Plan is a benefit plan reported by Worksmart Systems, Inc. under EIN 35-2060071 and plan number 502. The latest loaded filing year is 2023. The filing reports 9,065 participants and $5,205,196 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Worksmart Systems, Inc.
- EIN
- 35-2060071
- Plan number
- 502
- Plan type
- 3
- Location
- Indianapolis, IN
- Latest filing year
- 2023
- Participants
- 9,065
- End-of-year plan assets
- $5,205,196
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 9,065 | H, C | 20240515065350NAL0057941248001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,205,196
- Total liabilities (EOY)
- $4,996,187
- Net assets (EOY)
- $209,009
- Net assets (BOY)
- -$2,091,181
Income & contributions
- Employer contributions
- $49,747,039
- Participant contributions
- $24,305,779
- Total contributions
- $75,624,244
- Total income / additions
- $75,624,244
Expenses & distributions
- Benefits paid
- $67,923,011
- Administrative expenses
- $5,401,043
- Total expenses
- $73,324,054
- Net increase / (decrease)
- $2,300,190
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Anthem Insurance Companies | SERVICE PROVIDER | $2,403,890 | $0 | 2023 |
| Milliman, Inc. | SERVICE PROVIDER | $368,043 | not reported in the loaded dataset | 2023 |
| Delta Dental Of Indiana | BENEFIT ADMINISTRATOR | $214,818 | not reported in the loaded dataset | 2023 |
| Aetna Behavioral Health, LLC | PLAN ADMIN | $86,069 | not reported in the loaded dataset | 2023 |
| Health And Human Resource Center | PLAN ADMIN | $202 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Worksmart Systems, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in IN
- 401(k) and benefit plan filings in Indianapolis, IN
- Anthem Insurance Companies — Schedule C compensation
- Milliman, Inc. — Schedule C compensation
- Delta Dental Of Indiana — Schedule C compensation
- Aetna Behavioral Health, LLC — Schedule C compensation
- Health And Human Resource Center — Schedule C compensation