2023 Form 5500 filing — Lagos, Inc. Group Medical 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 20240709164658NAL0028159234001) for Lagos, Inc. Group Medical Plan, reported by Lagos, Inc. under EIN 23-2341897 and plan number 501. It reports 88 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)-$266.1KReported net assets-$266,072
Participants88
Provider compensation$97.4K4 Schedule C row(s)$97,404
Schedules filedSchedule I, Schedule CLoaded schedules
EFAST2 acknowledgement
20240709164658NAL0028159234001
Plan sponsor
Lagos, Inc.
EIN
23-2341897
Plan number
501
Location
Philadelphia, PA
Received date
not reported in the loaded dataset
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$9.8K total assets
Net assets-$266.1KLiabilities$275.9K
Money in vs. money out
Total income / additions$1.4M
Total expenses$1.7M
Benefits paid / distributions$1.2M
Contributions
Employer$1.3M
Participant$123.4K
Full reported line items
Total assets (EOY)
$9,812
Total liabilities (EOY)
$275,884
Net assets (EOY)
-$266,072
Employer contributions
$1,293,605
Participant contributions
$123,415
Total income / additions
$1,427,604
Benefits paid
$1,201,469
Administrative expenses
$30,987
Total expenses
$1,664,146
Net increase / (decrease)
-$236,542

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Corporate Synergies Group, LLCBROKER$39,254not reported in the loaded dataset
Aetna Health PlansADMIN$33,523not reported in the loaded dataset
The Benecon Group, LLCBROKER$19,204not reported in the loaded dataset
Connectcare3PATIENT ADVOCATE$5,423not reported in the loaded dataset

Related Form 5500 pages