2023 Form 5500 filing — Audiology Benefits 401(K) Plan I
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 20241015111139NAL0029360017001) for Audiology Benefits 401(K) Plan I, reported by Audiology Benefits Services, LLC under EIN 22-2580521 and plan number 002. It reports 3,357 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$174.3MReported net assets$174,287,121
Participants3.4K3,357
Provider compensation$286.3K2 Schedule C row(s)$286,300
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015111139NAL0029360017001
- Plan sponsor
- Audiology Benefits Services, LLC
- EIN
- 22-2580521
- Plan number
- 002
- Location
- Somerset, NJ
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$174.3M total assets
Net assets$174.3MLiabilities$0
Full reported line items
- Total assets (EOY)
- $174,287,121
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $174,287,121
- Employer contributions
- $5,127,243
- Participant contributions
- $15,117,028
- Total income / additions
- $47,612,576
- Benefits paid
- $19,415,338
- Administrative expenses
- $286,300
- Total expenses
- $19,705,156
- Net increase / (decrease)
- $27,907,420
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $211,300 | $0 |
| Wells Fargo Advisors | INVESTMENT ADVISORY | $75,000 | not reported in the loaded dataset |