Bracalente'S Manufacturing Co., Inc. Group Medical Plan — Form 5500 plan (Bracalentes Manufacturing Co., 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, Bracalente'S Manufacturing Co., Inc. Group Medical Plan is a benefit plan reported by Bracalentes Manufacturing Co., Inc. under EIN 23-1498190 and plan number 501. The latest loaded filing year is 2023. The filing reports 88 participants and $208,037 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$157.6KPlan net assets, end of year$157,579
Participants88Covered participants reported
Assets / participant$2.4KComputed: assets ÷ participants$2,364 (computed)
Provider compensation$82.6K5 Schedule C provider row(s)$82,641
Plan sponsor
Bracalentes Manufacturing Co., Inc.
EIN
23-1498190
Plan number
501
Plan type
2
Location
Trumbauersville, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202388I, C20240620081540NAL0001064225001
Schedule I · 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)$208K total assets
Net assets$157.6KLiabilities$50.5K
Money in vs. money out
Total income / additions$841.9K
Total expenses$834.2K
Benefits paid / distributions$369K
Contributions
Employer$680.5K
Participant$157K
Full reported line items

Net assets

Total assets (EOY)
$208,037
Total liabilities (EOY)
$50,458
Net assets (EOY)
$157,579
Net assets (BOY)
$149,858

Income & contributions

Employer contributions
$680,462
Participant contributions
$156,997
Total income / additions
$841,910

Expenses & distributions

Benefits paid
$368,985
Administrative expenses
$17,457
Total expenses
$834,189
Net increase / (decrease)
$7,721
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 81%Participant 19%
Total expenses ÷ net assets529%Computed ratio
Benefits paid ÷ total income44%Computed ratio
Provider comp. ÷ net assets52%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Brown & Brown Of PaBROKER$39,186not reported in the loaded dataset2023
Independence AdministratorsADMIN$17,457not reported in the loaded dataset2023
The Benecon Group, LLCBROKER$17,355not reported in the loaded dataset2023
Connectcare3PATIENT ADVOCATE$4,899not reported in the loaded dataset2023
InnovuBROKER$3,744not reported in the loaded dataset2023

Related Form 5500 pages