2023 Form 5500 filing — Herbein + Company, Inc. Group Medical 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 20241015142817NAL0029975777001) for Herbein + Company, Inc. Group Medical Plan, reported by Herbein And Company, Inc. under EIN 23-2415973 and plan number 502. It reports 168 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)-$174.2KReported net assets-$174,194
Participants168
Provider compensation$137K4 Schedule C row(s)$137,029
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015142817NAL0029975777001
Plan sponsor
Herbein And Company, Inc.
EIN
23-2415973
Plan number
502
Location
Reading, PA
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)$272.7K total assets
Net assets-$174.2KLiabilities$446.9K
Money in vs. money out
Total income / additions$3.2M
Total expenses$3.4M
Benefits paid / distributions$3.2M
Contributions
Employer$2.3M
Participant$598.7K
Full reported line items
Total assets (EOY)
$272,747
Total liabilities (EOY)
$446,941
Net assets (EOY)
-$174,194
Employer contributions
$2,320,559
Participant contributions
$598,708
Total income / additions
$3,196,734
Benefits paid
$3,233,899
Administrative expenses
$137,029
Total expenses
$3,370,928
Net increase / (decrease)
-$174,194

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Patriot (Power-Kunkle Group, Inc.)BROKER$73,872not reported in the loaded dataset
The Benecon GroupBROKER$39,703not reported in the loaded dataset
Highmark Blue Shield (Central)ADMIN$12,250not reported in the loaded dataset
Connectcare3PATIENT ADVOCATE$11,204not reported in the loaded dataset

Related Form 5500 pages