2023 Form 5500 filing — Subaru Of America, Inc. Welfare Benefit 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 20241011110456NAL0038518576001) for Subaru Of America, Inc. Welfare Benefit Plan, reported by Subaru Of America, Inc. under EIN 23-1693419 and plan number 510. It reports 1,905 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011110456NAL0038518576001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Subaru Of America, Inc.
- EIN
- 23-1693419
- Plan number
- 510
- Location
- Camden, NJ
- Participants
- 1,905
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $65,608,702
- Total liabilities (EOY)
- $4,125,226
- Net assets (EOY)
- $61,483,476
- Employer contributions
- $28,461,819
- Participant contributions
- $8,216,482
- Total income / additions
- $43,710,402
- Benefits paid
- $35,983,971
- Administrative expenses
- $1,250,081
- Total expenses
- $37,234,052
- Net increase / (decrease)
- $6,476,350
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Horizon Healthcare Services, Inc. | CONTRACT ADMINISTRATOR | $715,312 | $29,634 |
| Mercer Health & Benefits | INSURANCE AGENTS/BROKERS | $222,000 | not reported in the loaded dataset |
| Metropolitan Life Insurance Company | CLAIMS PROCESSING | $135,376 | not reported in the loaded dataset |
| Evernorth Behavioral Health, Inc. | CONTRACT ADMINISTRATOR | $30,389 | not reported in the loaded dataset |