Hbcs 401(K) Retirement Savings Plan — Form 5500 plan (Hospital Billing & Collection Service)
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, Hbcs 401(K) Retirement Savings Plan is a benefit plan reported by Hospital Billing & Collection Service under EIN 22-2559860 and plan number 003. The latest loaded filing year is 2023. The filing reports 654 participants and $29,454,521 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hospital Billing & Collection Service
- EIN
- 22-2559860
- Plan number
- 003
- Plan type
- 2
- Location
- New Castle, DE
- Latest filing year
- 2023
- Participants
- 654
- End-of-year plan assets
- $29,454,521
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 654 | H, C | 20240930081953NAL0005316609001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $29,454,521
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $29,454,521
- Net assets (BOY)
- $24,636,577
Income & contributions
- Employer contributions
- $1,091,081
- Participant contributions
- $2,128,331
- Total contributions
- $4,200,943
- Total income / additions
- $7,289,091
Expenses & distributions
- Benefits paid
- $2,284,134
- Administrative expenses
- $129,702
- Total expenses
- $2,471,147
- Net increase / (decrease)
- $4,817,944
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mercer Investments LLC | CONSULTANT | $122,219 | $0 | 2023 |
| Lincoln National Corporation | SERVICE PROVIDER | $7,483 | $0 | 2023 |