Plan5500

Life Center, Incorporated Health & Welfare Benefit Plan — Form 5500 plan (Life Center, Incorporated)

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, Life Center, Incorporated Health & Welfare Benefit Plan is a benefit plan reported by Life Center, Incorporated under EIN 38-2418870 and plan number 502. The latest loaded filing year is 2023. The filing reports 90 participants and $16,313 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Life Center, Incorporated
EIN
38-2418870
Plan number
502
Plan type
2
Location
Livonia, MI
Latest filing year
2023
Participants
90
End-of-year plan assets
$16,313

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202390I, C20240723120847NAL0019583200001

Reported financial statement (2023 · Schedule I)

Net assets

Total assets (EOY)
$16,313
Total liabilities (EOY)
-$262,089
Net assets (EOY)
$278,402
Net assets (BOY)
-$27,376

Income & contributions

Employer contributions
$103,174
Participant contributions
$64,596
Total income / additions
$167,770

Expenses & distributions

Benefits paid
-$217,235
Administrative expenses
$12,215
Total expenses
-$138,008
Net increase / (decrease)
$305,778

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Acs Benefit ServicesADMIN$12,215not reported in the loaded dataset2023
Cia (Hilb)BROKER$7,590not reported in the loaded dataset2023
The Benecon GroupBROKER$4,754not reported in the loaded dataset2023
Connectcare3PATIENT ADVOCATE$1,341not reported in the loaded dataset2023

Related Form 5500 pages