Fbhc Welfare Benefit Plan — Form 5500 plan (Florida Bankers Health Consortium, 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, Fbhc Welfare Benefit Plan is a benefit plan reported by Florida Bankers Health Consortium, Inc under EIN 82-2427358 and plan number 501. The latest loaded filing year is 2023. The filing reports 2,257 participants and $2,065,429 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Florida Bankers Health Consortium, Inc
EIN
82-2427358
Plan number
501
Plan type
3
Location
Winter Park, FL
Latest filing year
2023
Participants
2,257
End-of-year plan assets
$2,065,429

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,257H, C20240828114527NAL0012098977001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$2,065,429
Total liabilities (EOY)
$216,255
Net assets (EOY)
$1,849,174
Net assets (BOY)
$2,334,285

Income & contributions

Employer contributions
$18,657,002
Participant contributions
$7,275,500
Total contributions
$25,932,502
Total income / additions
$26,158,103

Expenses & distributions

Benefits paid
$26,450,196
Administrative expenses
$193,018
Total expenses
$26,643,214
Net increase / (decrease)
-$485,111

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Saveonsp, LLCCLAIMS ADMINISTRATOR$92,543not reported in the loaded dataset2023
Oswald And Scott, PaAUDITOR$52,756not reported in the loaded dataset2023
Holifield Law, PllcLEGAL COUNSEL$35,510not reported in the loaded dataset2023
Buck GlobalCONSULTANT$11,000not reported in the loaded dataset2023

Related Form 5500 pages