Newfields Companies, LLC Group Health Benefit Plan — Form 5500 plan (Newfields Companies, 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, Newfields Companies, LLC Group Health Benefit Plan is a benefit plan reported by Newfields Companies, LLC under EIN 58-2585034 and plan number 501. The latest loaded filing year is 2023. The filing reports 216 participants and $731,886 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Newfields Companies, LLC
EIN
58-2585034
Plan number
501
Plan type
2
Location
Atlanta, GA
Latest filing year
2023
Participants
216
End-of-year plan assets
$731,886

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023216H, C20240913090226NAL0011377809002

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$731,886
Total liabilities (EOY)
$524,600
Net assets (EOY)
$207,286
Net assets (BOY)
-$50,434

Income & contributions

Employer contributions
$1,637,706
Participant contributions
$834,859
Total contributions
$2,472,565
Total income / additions
$2,472,946

Expenses & distributions

Benefits paid
$2,089,134
Administrative expenses
$126,092
Total expenses
$2,215,226
Net increase / (decrease)
$257,720

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Umr, Inc.CLAIMS PROCESSING$118,433$1,4212023
Usi Insurance Services LLCBROKER$24,290not reported in the loaded dataset2023

Related Form 5500 pages