Haztek, Inc. Health And Wellness Plan — Form 5500 plan (Haztek, 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, Haztek, Inc. Health And Wellness Plan is a benefit plan reported by Haztek, Inc. under EIN 22-3495303 and plan number 504. The latest loaded filing year is 2023. The filing reports 164 participants and $967,549 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$663.2KPlan net assets, end of year$663,226
Participants164Covered participants reported
Assets / participant$5.9KComputed: assets ÷ participants$5,900 (computed)
Provider compensation$195.4K5 Schedule C provider row(s)$195,415
Plan sponsor
Haztek, Inc.
EIN
22-3495303
Plan number
504
Plan type
2
Location
Medford, NJ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023164H, C20240804121219NAL0000858194001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$967.5K total assets
Net assets$663.2KLiabilities$304.3K
Money in vs. money out
Total income / additions$3.1M
Total expenses$3M
Benefits paid / distributions$2.1M
Contributions
Employer$2.2M
Participant$936.7K
Full reported line items

Net assets

Total assets (EOY)
$967,549
Total liabilities (EOY)
$304,323
Net assets (EOY)
$663,226
Net assets (BOY)
$493,418

Income & contributions

Employer contributions
$2,183,142
Participant contributions
$936,677
Total contributions
$3,119,819
Total income / additions
$3,136,160

Expenses & distributions

Benefits paid
$2,058,649
Administrative expenses
$907,703
Total expenses
$2,966,352
Net increase / (decrease)
$169,808
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 70%Participant 30%
Total expenses ÷ net assets447%Computed ratio
Benefits paid ÷ total income66%Computed ratio
Provider comp. ÷ net assets29%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Timothy W McaneneyBROKER$82,289not reported in the loaded dataset2023
Aetna Health PlansADMIN$59,732not reported in the loaded dataset2023
The Benecon GroupBROKER$34,866not reported in the loaded dataset2023
Connectcare3PATIENT ADVOCATE$10,878not reported in the loaded dataset2023
Marsh & Mclennan Agency, LLC (BostoBROKER$7,650not reported in the loaded dataset2023

Related Form 5500 pages