Penn Wood Products, Inc. Group Medical Plan — Form 5500 plan (Penn Wood Products, 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, Penn Wood Products, Inc. Group Medical Plan is a benefit plan reported by Penn Wood Products, Inc. under EIN 23-1609684 and plan number 502. The latest loaded filing year is 2023. The filing reports 85 participants and $171,705 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Penn Wood Products, Inc.
- EIN
- 23-1609684
- Plan number
- 502
- Plan type
- 2
- Location
- East Berlin, PA
- Latest filing year
- 2023
- Participants
- 85
- End-of-year plan assets
- $171,705
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 85 | H, C | 20241216120447NAL0001168321001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $171,705
- Total liabilities (EOY)
- $81,883
- Net assets (EOY)
- $89,822
- Net assets (BOY)
- $223,471
Income & contributions
- Employer contributions
- $850,502
- Participant contributions
- $283,645
- Total contributions
- $1,134,147
- Total income / additions
- $1,146,618
Expenses & distributions
- Benefits paid
- $924,468
- Administrative expenses
- $355,799
- Total expenses
- $1,280,267
- Net increase / (decrease)
- -$133,649
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mcconkey Benefits & Financial Serv | BROKER | $28,787 | not reported in the loaded dataset | 2023 |
| Highmark | ADMIN | $26,304 | not reported in the loaded dataset | 2023 |
| Benefitmall | ADMIN | $5,654 | not reported in the loaded dataset | 2023 |
| The Benecon Group, LLC | BROKER | $2,053 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Penn Wood Products, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in East Berlin, PA
- Mcconkey Benefits & Financial Serv — Schedule C compensation
- Highmark — Schedule C compensation
- Benefitmall — Schedule C compensation
- The Benecon Group, LLC — Schedule C compensation