Plan5500

Paramount Contracting Inc Group Medical Plan — Form 5500 plan (Paramount Contracting Inc)

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, Paramount Contracting Inc Group Medical Plan is a benefit plan reported by Paramount Contracting Inc under EIN 20-2574989 and plan number 501. The latest loaded filing year is 2023. The filing reports 86 participants and $123,863 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Paramount Contracting Inc
EIN
20-2574989
Plan number
501
Plan type
2
Location
Lancaster, PA
Latest filing year
2023
Participants
86
End-of-year plan assets
$123,863

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202386I, C20240925100448NAL0008228019001

Reported financial statement (2023 · Schedule I)

Net assets

Total assets (EOY)
$123,863
Total liabilities (EOY)
$53,201
Net assets (EOY)
$70,662
Net assets (BOY)
-$73,010

Income & contributions

Employer contributions
$468,981
Participant contributions
$304,168
Total income / additions
$775,392

Expenses & distributions

Benefits paid
$334,307
Administrative expenses
$10,455
Total expenses
$631,720
Net increase / (decrease)
$143,672

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Assured Partners (Central Pa)BROKER$31,251not reported in the loaded dataset2023
The Benecon Group, LLCBROKER$19,010not reported in the loaded dataset2023
Capital BluecrossADMIN$10,455not reported in the loaded dataset2023
Connectcare3OTHER$5,171not reported in the loaded dataset2023

Related Form 5500 pages