Buchanan Automotive, Inc. Group Health Plan — Form 5500 plan (Buchanan Automotive, 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, Buchanan Automotive, Inc. Group Health Plan is a benefit plan reported by Buchanan Automotive, Inc. under EIN 20-5054809 and plan number 501. The latest loaded filing year is 2023. The filing reports 100 participants and $183,489 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Buchanan Automotive, Inc.
EIN
20-5054809
Plan number
501
Plan type
2
Location
Waynesboro, PA
Latest filing year
2023
Participants
100
End-of-year plan assets
$183,489

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023100I, C20241106124214NAL0010089361001

Reported financial statement (2023 · Schedule I)

Net assets

Total assets (EOY)
$183,489
Total liabilities (EOY)
$91,356
Net assets (EOY)
$92,133
Net assets (BOY)
$27,176

Income & contributions

Employer contributions
$949,959
Participant contributions
$264,929
Total income / additions
$1,221,492

Expenses & distributions

Benefits paid
$590,013
Administrative expenses
$7,272
Total expenses
$1,156,535
Net increase / (decrease)
$64,957

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Commonwealth Benefits GroupBROKER$40,932not reported in the loaded dataset2023
The Benecon GroupBROKER$22,003not reported in the loaded dataset2023
Capital BluecrossADMIN$7,272not reported in the loaded dataset2023
Connectcare 3PATIENT ADVOCATE$6,209not reported in the loaded dataset2023

Related Form 5500 pages