2023 Form 5500 filing — Prospectus Associates, Inc. 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 20241002123536NAL0004009603001) for Prospectus Associates, Inc. Health Plan, reported by Prospectus Associates, Inc. under EIN 23-2023612 and plan number 515. It reports 209 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241002123536NAL0004009603001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Prospectus Associates, Inc.
- EIN
- 23-2023612
- Plan number
- 515
- Location
- Reading, PA
- Participants
- 209
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $222,306
- Total liabilities (EOY)
- $293,968
- Net assets (EOY)
- -$71,662
- Employer contributions
- $2,563,567
- Participant contributions
- $164,579
- Total income / additions
- $2,733,756
- Benefits paid
- $2,242,719
- Administrative expenses
- $105,879
- Total expenses
- $2,348,598
- Net increase / (decrease)
- $385,158
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Univest Insurance | BROKER | $69,930 | $0 |
| The Benecon Group, LLC | BROKER | $30,831 | $0 |
| Connectcare 3 | PATIENT ADVOCATE | $10,710 | $0 |