2023 Form 5500 filing — Employee Benefit Plan Of Life Inc.
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 20240828102904NAL0005703155001) for Employee Benefit Plan Of Life Inc., reported by Life Inc. under EIN 56-1612948 and plan number 501. It reports 156 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240828102904NAL0005703155001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Life Inc.
- EIN
- 56-1612948
- Plan number
- 501
- Location
- Goldsboro, NC
- Participants
- 156
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $777,543
- Total liabilities (EOY)
- $79,654
- Net assets (EOY)
- $697,889
- Employer contributions
- $1,517,700
- Participant contributions
- $356,430
- Total income / additions
- $1,874,130
- Benefits paid
- $1,617,325
- Administrative expenses
- $291,624
- Total expenses
- $1,908,949
- Net increase / (decrease)
- -$34,819
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ebenconcepts Company, Inc. | CONSULTANT | $46,000 | not reported in the loaded dataset |
| Blue Cross And Blue Shield Of Nc | ADMINISTRATOR | $35,656 | not reported in the loaded dataset |
| Davidson Holland Whitesell & Co Pll | AUDITOR | $12,000 | not reported in the loaded dataset |