Western Regional Employee Welfare Benefits Plan — Form 5500 plan (Reed Family Companies)
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, Western Regional Employee Welfare Benefits Plan is a benefit plan reported by Reed Family Companies under EIN 94-2208599 and plan number 501. The latest loaded filing year is 2023. The filing reports 469 participants and $2,015,920 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$1.5MPlan net assets, end of year$1,470,260
Participants469Covered participants reported
Assets / participant$4.3KComputed: assets ÷ participants$4,298 (computed)
Provider compensation$706.7K4 Schedule C provider row(s)$706,723
- Plan sponsor
- Reed Family Companies
- EIN
- 94-2208599
- Plan number
- 501
- Plan type
- 2
- Location
- Modesto, CA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 469 | H, C | 20241010150016NAL0011639267001 |
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)$2M total assets
Net assets$1.5MLiabilities$545.7K
Full reported line items
Net assets
- Total assets (EOY)
- $2,015,920
- Total liabilities (EOY)
- $545,660
- Net assets (EOY)
- $1,470,260
- Net assets (BOY)
- $1,391,103
Income & contributions
- Employer contributions
- $5,554,734
- Participant contributions
- $1,821,871
- Total contributions
- $7,376,605
- Total income / additions
- $7,376,605
Expenses & distributions
- Benefits paid
- $6,697,204
- Administrative expenses
- $600,244
- Total expenses
- $7,297,448
- Net increase / (decrease)
- $79,157
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.
75%25%
Employer 75%Participant 25%
Total expenses ÷ net assets496%Computed ratio
Benefits paid ÷ total income91%Computed ratio
Provider comp. ÷ net assets48%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cigna Health And Life Insurance Co. | CLAIMS ADMINISTRATION | $318,410 | not reported in the loaded dataset | 2023 |
| Cigna Health And Life Insurance Co. | CLAIMS ADMINISTRATION | $294,842 | $0 | 2023 |
| Cigna Health And Life Insurance Co. | CLAIMS ADMINISTRATION | $69,846 | $0 | 2023 |
| Cliftonlarsonallen Llp | ACCOUNTANT | $23,625 | not reported in the loaded dataset | 2023 |