2023 Form 5500 filing — Central Hudson Gas & Electric Corporation Welfare Benefit Plan For Retirees
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 20241009120314NAL0031096640009) for Central Hudson Gas & Electric Corporation Welfare Benefit Plan For Retirees, reported by Central Hudson Gas & Electric Corporation under EIN 14-0555980 and plan number 502. It reports 1,199 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009120314NAL0031096640009
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Central Hudson Gas & Electric Corporation
- EIN
- 14-0555980
- Plan number
- 502
- Location
- Poughkeepsie, NY
- Participants
- 1,199
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $130,190,636
- Total liabilities (EOY)
- $360,401
- Net assets (EOY)
- $129,830,235
- Employer contributions
- $6,025,987
- Participant contributions
- $1,095,512
- Total income / additions
- $26,114,579
- Benefits paid
- $11,081,969
- Administrative expenses
- $471,140
- Total expenses
- $11,553,109
- Net increase / (decrease)
- $14,561,470
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empire Healthchoice Assurance, Inc. | CLAIMS ADMINISTRATOR | $391,693 | $1,281,385 |
| Lcg Associates, Inc. | THIRD-PARTY PROVIDER | $29,740 | not reported in the loaded dataset |
| Mercer | ACTUARY | $26,000 | not reported in the loaded dataset |
| State Street Bank And Trust Company | TRUSTEE | $20,246 | $0 |