Independent Care Health Benefit Trust Group Medical Plan — Form 5500 plan (Community Care Physicians Network, 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, Independent Care Health Benefit Trust Group Medical Plan is a benefit plan reported by Community Care Physicians Network, LLC under EIN 86-6586606 and plan number 501. The latest loaded filing year is 2023. The filing reports 540 participants and $4,550,644 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Community Care Physicians Network, LLC
EIN
86-6586606
Plan number
501
Plan type
3
Location
Garner, NC
Latest filing year
2023
Participants
540
End-of-year plan assets
$4,550,644

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023540H, C20240628120537NAL0000633457001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$4,550,644
Total liabilities (EOY)
$6,407,446
Net assets (EOY)
-$1,856,802
Net assets (BOY)
-$877,475

Income & contributions

Employer contributions
$8,496,917
Total contributions
$8,496,917
Total income / additions
$9,051,322

Expenses & distributions

Benefits paid
$9,224,376
Administrative expenses
$702,523
Total expenses
$10,030,649
Net increase / (decrease)
-$979,327

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Ccnc AdministratorsNONE$192,214$02023
Vimly Benefit SolutionsNONE$183,172$02023
Bcbs Of North CarolinaNONE$139,096$02023
Wakely ConsultingNONE$71,450$02023
Cherry Bekaert LlpNONE$55,997not reported in the loaded dataset2023
Gradient AiNONE$46,129$02023
Scott InsuranceNONE$10,417$02023
Cherry Bekaert Advisory LLCNONE$5,664not reported in the loaded dataset2023

Related Form 5500 pages