Hendrick Automotive Group Medical & Prescription Drug Benefit Plan — Form 5500 plan (Hendrick Automotive Group, 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, Hendrick Automotive Group Medical & Prescription Drug Benefit Plan is a benefit plan reported by Hendrick Automotive Group, LLC under EIN 56-1794980 and plan number 501. The latest loaded filing year is 2023. The filing reports 8,826 participants and $22,727,015 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hendrick Automotive Group, LLC
- EIN
- 56-1794980
- Plan number
- 501
- Plan type
- 2
- Location
- Charlotte, NC
- Latest filing year
- 2023
- Participants
- 8,826
- End-of-year plan assets
- $22,727,015
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 8,826 | H, C | 20241016102505NAL0015726227001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $22,727,015
- Total liabilities (EOY)
- $3,175
- Net assets (EOY)
- $22,723,840
- Net assets (BOY)
- $22,177,746
Income & contributions
- Employer contributions
- $84,378,888
- Participant contributions
- $16,306,895
- Total contributions
- $100,685,783
- Total income / additions
- $101,139,657
Expenses & distributions
- Benefits paid
- $94,599,020
- Administrative expenses
- $5,994,543
- Total expenses
- $100,593,563
- Net increase / (decrease)
- $546,094
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Luminare Health Benefits, Inc | NONE | $3,728,940 | $0 | 2023 |
| Aetna - Ppo | NONE | $1,070,267 | $0 | 2023 |
| Vision Service Plan | NONE | $889,949 | $0 | 2023 |
| Multiplan | NONE | $170,114 | $0 | 2023 |
| Teladoc | NONE | $149,551 | $0 | 2023 |
| Change Healthcare | NONE | $100,935 | $0 | 2023 |
| Acs- A Xerox Company | NONE | $5,807 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Hendrick Automotive Group, LLC
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Charlotte, NC
- Luminare Health Benefits, Inc — Schedule C compensation
- Aetna - Ppo — Schedule C compensation
- Vision Service Plan — Schedule C compensation
- Multiplan — Schedule C compensation
- Teladoc — Schedule C compensation
- Change Healthcare — Schedule C compensation
- Acs- A Xerox Company — Schedule C compensation