2023 Form 5500 filing — The Charles Stark Draper Laboratory, Inc. Retired Employees Medical Benefits 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 20241015142915NAL0014843267001) for The Charles Stark Draper Laboratory, Inc. Retired Employees Medical Benefits Plan, reported by Charles Stark Draper Laboratory under EIN 04-2505372 and plan number 510. It reports 741 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)$25.5MReported net assets$25,458,244
Participants741
Provider compensation$3.5M3 Schedule C row(s)$3,544,037
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015142915NAL0014843267001
- Plan sponsor
- Charles Stark Draper Laboratory
- EIN
- 04-2505372
- Plan number
- 510
- Location
- Cambridge, MA
- 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)$25.5M total assets
Net assets$25.5MLiabilities$0
Full reported line items
- Total assets (EOY)
- $25,458,244
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,458,244
- Employer contributions
- $728,935
- Participant contributions
- $244,285
- Total income / additions
- $4,102,781
- Benefits paid
- $1,253,910
- Administrative expenses
- $203,602
- Total expenses
- $1,457,512
- Net increase / (decrease)
- $2,645,269
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Blue Cross Blue Shield Of Massachus | INSURER | $2,890,383 | $315,690 |
| Tiaa | RECORDKEEPER | $203,602 | not reported in the loaded dataset |
| Mercer Investments LLC | FIDUCIARY | $92,837 | $41,525 |