2023 Form 5500 filing — Waicu Benefits Consortium, Inc. Health 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 20250110101035NAL0028510530001) for Waicu Benefits Consortium, Inc. Health Plan, reported by Waicu Benefits Consortium, Inc. under EIN 32-0086947 and plan number 501. It reports 1,363 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250110101035NAL0028510530001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Waicu Benefits Consortium, Inc.
- EIN
- 32-0086947
- Plan number
- 501
- Location
- Madison, WI
- Participants
- 1,363
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,027,898
- Total liabilities (EOY)
- $3,686,981
- Net assets (EOY)
- $10,340,917
- Employer contributions
- $16,311,001
- Participant contributions
- $5,881,617
- Total income / additions
- $23,648,269
- Benefits paid
- $20,411,105
- Administrative expenses
- $1,406,670
- Total expenses
- $21,817,775
- Net increase / (decrease)
- $1,830,494
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Umr, Inc | CLAIMS PROCESSING | $804,389 | $12,388 |
| Waicu | EMPLOYEE ORG | $496,476 | not reported in the loaded dataset |
| Milliman | NONE | $120,253 | not reported in the loaded dataset |
| Delta Dental Of Wisconsin,Inc | NONE | $30,419 | not reported in the loaded dataset |
| Baker Tilly Us, Llp | NONE | $29,099 | not reported in the loaded dataset |
| Caremark | NONE | $26,461 | not reported in the loaded dataset |
| Michael Best & Friedrich Llp | NONE | $7,990 | not reported in the loaded dataset |
| R.W Baird & Co | NONE | $7,891 | not reported in the loaded dataset |
| Associated Bank | NONE | $1,909 | not reported in the loaded dataset |