2023 Form 5500 filing — Iba Group Insurance Trust
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 20250108182134NAL0011258897001) for Iba Group Insurance Trust, reported by Iba Group Insurance Trust under EIN 35-6259970 and plan number 501. It reports 2,683 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250108182134NAL0011258897001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Iba Group Insurance Trust
- EIN
- 35-6259970
- Plan number
- 501
- Location
- Indianapolis, IN
- Participants
- 2,683
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,223,597
- Total liabilities (EOY)
- $3,909,559
- Net assets (EOY)
- $7,314,038
- Employer contributions
- $45,970,630
- Participant contributions
- $207,124
- Total income / additions
- $46,781,333
- Benefits paid
- $42,608,706
- Administrative expenses
- $3,775,376
- Total expenses
- $46,384,082
- Net increase / (decrease)
- $397,251
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| United Healthcare Services, Inc. | NONE | $1,277,844 | $0 |
| Nfp Property & Casualty Services | NONE | $640,000 | $0 |
| Express Script, Inc. | NONE | $137,011 | $0 |
| Wellness Iq, Inc. | NONE | $116,083 | $0 |
| Alera Group Inc Dba Vital Incite | NONE | $79,677 | $0 |
| Bose Mckinney & Evans Llp | NONE | $75,000 | $0 |
| Taft Stettinius & Hollister Llp | NONE | $50,034 | $0 |
| The Howard E Nyhart Company, Inc | NONE | $37,300 | $0 |
| Brady Ware & Schoenfeld, Inc. | NONE | $24,000 | $0 |