2023 Form 5500 filing — Edgewood Management Corp. Voluntary Employee 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 20241015131854NAL0057794130004) for Edgewood Management Corp. Voluntary Employee Benefit Plan, reported by Edgewood Management Corporation under EIN 52-1491854 and plan number 501. It reports 503 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)$2.5MReported net assets$2,514,216
Participants503
Provider compensation$459.2K3 Schedule C row(s)$459,230
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015131854NAL0057794130004
Plan sponsor
Edgewood Management Corporation
EIN
52-1491854
Plan number
501
Location
Gaithersburg, MD
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)$2.5M total assets
Net assets$2.5MLiabilities
Money in vs. money out
Total income / additions$4.2M
Total expenses$5.5M
Benefits paid / distributions$5M
Contributions
Employer$2.8M
Participant$1.1M
Full reported line items
Total assets (EOY)
$2,514,216
Net assets (EOY)
$2,514,216
Employer contributions
$2,818,499
Participant contributions
$1,053,690
Total income / additions
$4,203,713
Benefits paid
$4,968,262
Administrative expenses
$549,921
Total expenses
$5,518,183
Net increase / (decrease)
-$1,314,470

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Cigna Health And Life Insurance ComCLAIMS PROCESSOR$278,800not reported in the loaded dataset
Edgewood Management CorporationPLAN SPONSOR$162,317not reported in the loaded dataset
Hartford Life And AccidentCLAIMS PROCESSOR$18,113not reported in the loaded dataset

Related Form 5500 pages