2023 Form 5500 filing — Spring City Electrical Manufacturing Company Group Health Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240610083653NAL0026686849001) for Spring City Electrical Manufacturing Company Group Health Plan, reported by Spring City Electrical Manufacturing Company under EIN 23-2482511 and plan number 501. It reports 70 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240610083653NAL0026686849001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Spring City Electrical Manufacturing Company
- EIN
- 23-2482511
- Plan number
- 501
- Location
- Spring City, PA
- Participants
- 70
- Schedules available
- Schedule I, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $476,315
- Total liabilities (EOY)
- $94,019
- Net assets (EOY)
- $382,296
- Employer contributions
- $1,111,587
- Participant contributions
- $100
- Total income / additions
- $1,118,688
- Benefits paid
- $420,760
- Administrative expenses
- $20,213
- Total expenses
- $843,930
- Net increase / (decrease)
- $274,758
- Schedule source
- Schedule I
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lehigh Valley Benefits Group | BROKER | $33,200 | not reported in the loaded dataset |
| Independence Administrators (Ia) | ADMIN | $20,213 | not reported in the loaded dataset |
| The Benecon Group | BROKER | $16,255 | not reported in the loaded dataset |
| Connectcare3 | PATIENT ADVOCATE | $4,451 | not reported in the loaded dataset |