Blood Assurance, Inc. 401(K) Plan — Form 5500 plan (Blood Assurance, 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, Blood Assurance, Inc. 401(K) Plan is a benefit plan reported by Blood Assurance, Inc. under EIN 62-0842419 and plan number 002. The latest loaded filing year is 2023. The filing reports 239 participants and $7,463,172 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$7.5MPlan net assets, end of year$7,463,172
Participants239Covered participants reported
Assets / participant$31.2KComputed: assets ÷ participants$31,227 (computed)
Provider compensation$80.8K3 Schedule C provider row(s)$80,803
Plan sponsor
Blood Assurance, Inc.
EIN
62-0842419
Plan number
002
Plan type
2
Location
Chattanooga, TN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023239H, C20240729085743NAL0012352803001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$7.5M total assets
Net assets$7.5MLiabilities$0
Money in vs. money out
Total income / additions$1.9M
Total expenses$696.9K
Benefits paid / distributions$674.6K
Contributions
Employer$258.6K
Participant$440.1K
Full reported line items

Net assets

Total assets (EOY)
$7,463,172
Total liabilities (EOY)
$0
Net assets (EOY)
$7,463,172
Net assets (BOY)
$6,299,506

Income & contributions

Employer contributions
$258,614
Participant contributions
$440,055
Total contributions
$698,669
Total income / additions
$1,860,582

Expenses & distributions

Benefits paid
$674,631
Administrative expenses
$22,285
Total expenses
$696,916
Net increase / (decrease)
$1,163,666
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 37%Participant 63%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income36%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
NationwideRECORDKEEPER$59,490$9,5142023
Iron-Co-Fid-TraditionalINV. ADVISORY$6,839not reported in the loaded dataset2023
Ppa/Tpa Marly StoneINV ADV PART$1,600$3,3602023

Related Form 5500 pages