2023 Form 5500 filing — Hitachi America, Ltd., Group Health And Welfare 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 20251015131908NAL0002353987001) for Hitachi America, Ltd., Group Health And Welfare Plan, reported by Hitachi America, Ltd under EIN 23-7688845 and plan number 501. It reports 14,275 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20251015131908NAL0002353987001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Hitachi America, Ltd
- EIN
- 23-7688845
- Plan number
- 501
- Location
- Santa Clara, CA
- Participants
- 14,275
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $19,295,144
- Total liabilities (EOY)
- $43,013,895
- Net assets (EOY)
- -$23,718,751
- Employer contributions
- $172,931,534
- Participant contributions
- $47,449,824
- Total income / additions
- $220,559,181
- Benefits paid
- $224,985,732
- Administrative expenses
- $12,484,432
- Total expenses
- $237,470,164
- Net increase / (decrease)
- -$16,910,983
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Anthem Insurance Company | NONE | $10,446,049 | $0 |
| Businesssolver.Com, Inc. | NONE | $1,328,200 | not reported in the loaded dataset |
| Woodruff-Sawyer & Co. | NONE | $0 | $1,053,419 |
| Vision Service Plan | NONE | $146,354 | not reported in the loaded dataset |
| Cvshealth | NONE | $143,692 | not reported in the loaded dataset |
| Lincoln National Life Insurance Co. | NONE | $85,233 | not reported in the loaded dataset |