Henise Tire Service Inc Group Medical Plan — Form 5500 plan (Henise Tire Service, 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, Henise Tire Service Inc Group Medical Plan is a benefit plan reported by Henise Tire Service, Inc. under EIN 23-1517061 and plan number 501. The latest loaded filing year is 2023. The filing reports 77 participants and $87,431 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$24KPlan net assets, end of year$23,958
Participants77Covered participants reported
Assets / participant$1.1KComputed: assets ÷ participants$1,135 (computed)
Provider compensation$44.3K4 Schedule C provider row(s)$44,346
Plan sponsor
Henise Tire Service, Inc.
EIN
23-1517061
Plan number
501
Plan type
2
Location
Cleona, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202377I, C20240724074253NAL0007970515001
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)$87.4K total assets
Net assets$24KLiabilities$63.5K
Money in vs. money out
Total income / additions$842.1K
Total expenses$760.1K
Benefits paid / distributions$427.9K
Contributions
Employer$654.8K
Participant$185.8K
Full reported line items

Net assets

Total assets (EOY)
$87,431
Total liabilities (EOY)
$63,473
Net assets (EOY)
$23,958
Net assets (BOY)
-$58,058

Income & contributions

Employer contributions
$654,826
Participant contributions
$185,780
Total income / additions
$842,119

Expenses & distributions

Benefits paid
$427,893
Administrative expenses
$5,238
Total expenses
$760,103
Net increase / (decrease)
$82,016
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 78%Participant 22%
Total expenses ÷ net assets3173%Computed ratio
Benefits paid ÷ total income51%Computed ratio
Provider comp. ÷ net assets185%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
The Benecon GroupBROKER$17,377not reported in the loaded dataset2023
Yocum & Company, Inc,BROKER$17,052not reported in the loaded dataset2023
Capital BluecrossCARRIER$5,238not reported in the loaded dataset2023
Connectcare3, LLCPATIENT ADVOCATE$4,679not reported in the loaded dataset2023

Related Form 5500 pages