2023 Form 5500 filing — Hendrick Automotive Group Medical & Prescription Drug 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 20241016102505NAL0015726227001) for Hendrick Automotive Group Medical & Prescription Drug Benefit Plan, reported by Hendrick Automotive Group, LLC under EIN 56-1794980 and plan number 501. It reports 8,826 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241016102505NAL0015726227001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Hendrick Automotive Group, LLC
- EIN
- 56-1794980
- Plan number
- 501
- Location
- Charlotte, NC
- Participants
- 8,826
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $22,727,015
- Total liabilities (EOY)
- $3,175
- Net assets (EOY)
- $22,723,840
- Employer contributions
- $84,378,888
- Participant contributions
- $16,306,895
- Total income / additions
- $101,139,657
- Benefits paid
- $94,599,020
- Administrative expenses
- $5,994,543
- Total expenses
- $100,593,563
- Net increase / (decrease)
- $546,094
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Luminare Health Benefits, Inc | NONE | $3,728,940 | $0 |
| Aetna - Ppo | NONE | $1,070,267 | $0 |
| Vision Service Plan | NONE | $889,949 | $0 |
| Multiplan | NONE | $170,114 | $0 |
| Teladoc | NONE | $149,551 | $0 |
| Change Healthcare | NONE | $100,935 | $0 |
| Acs- A Xerox Company | NONE | $5,807 | $0 |