Granite Group Insurance Trust — Form 5500 plan (Granite Group Insurance Trust)
Plain-English plan 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, Granite Group Insurance Trust is a benefit plan reported by Granite Group Insurance Trust under EIN 03-0210827 and plan number 501. The latest loaded filing year is 2023. The filing reports 869 participants and $3,457,786 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Granite Group Insurance Trust
- EIN
- 03-0210827
- Plan number
- 501
- Plan type
- 1
- Location
- Barre, VT
- Latest filing year
- 2023
- Participants
- 869
- End-of-year plan assets
- $3,457,786
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 869 | H, C | 20250731151747NAL0013603426001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,457,786
- Total liabilities (EOY)
- $360,013
- Net assets (EOY)
- $3,097,773
- Net assets (BOY)
- $1,105,188
Income & contributions
- Employer contributions
- $13,660,534
- Participant contributions
- $3,309,243
- Total contributions
- $16,969,777
- Total income / additions
- $17,147,791
Expenses & distributions
- Benefits paid
- $12,884,371
- Administrative expenses
- $2,270,835
- Total expenses
- $15,155,206
- Net increase / (decrease)
- $1,992,585
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cigna Health And Life Insurance Co. | MEDICAL CLAIMS ADM SVCS | $16,703,525 | $0 | 2023 |
| Nfp Corporate Services | INSURANCE AGENT, BROKER | $0 | $99,154 | 2023 |
| Anne Houle | KEY EMPLOYEE SALARY | $78,166 | $0 | 2023 |
| Danielle Doherty | EMPLOYEE SALARY | $69,883 | $0 | 2023 |
| Granite Group Insurance Trust | CONTRACT ADMINSTRATOR | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Granite Group Insurance Trust
- 2023 Form 5500 filing
- Form 5500 filings in VT
- 401(k) and benefit plan filings in Barre, VT
- Cigna Health And Life Insurance Co. — Schedule C compensation
- Nfp Corporate Services — Schedule C compensation
- Anne Houle — Schedule C compensation
- Danielle Doherty — Schedule C compensation
- Granite Group Insurance Trust — Schedule C compensation