Versicare Group 401(K) Plan — Form 5500 plan (Behavioral Outcomes Management, 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, Versicare Group 401(K) Plan is a benefit plan reported by Behavioral Outcomes Management, LLC under EIN 82-3561431 and plan number 001. The latest loaded filing year is 2023. The filing reports 727 participants and $3,902,255 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Behavioral Outcomes Management, LLC
EIN
82-3561431
Plan number
001
Plan type
2
Location
Troy, MI
Latest filing year
2023
Participants
727
End-of-year plan assets
$3,902,255

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023727H, C20241004083942NAL0023185090002

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$3,902,255
Net assets (EOY)
$3,902,255
Net assets (BOY)
$2,385,583

Income & contributions

Employer contributions
$340,275
Participant contributions
$708,549
Total contributions
$1,175,158
Total income / additions
$1,723,581

Expenses & distributions

Benefits paid
$175,750
Administrative expenses
$31,159
Total expenses
$206,909
Net increase / (decrease)
$1,516,672

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMIN$29,588$02023
Sigma Financial CorporationOTHER SERVICES$0$11,5152023

Related Form 5500 pages