Therm-Omega-Tech, Inc. Group Health Benefit Plan (501) — Form 5500 plan (Therm-Omega-Tech, 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, Therm-Omega-Tech, Inc. Group Health Benefit Plan (501) is a benefit plan reported by Therm-Omega-Tech, Inc. under EIN 23-2281908 and plan number 501. The latest loaded filing year is 2023. The filing reports 86 participants and $553,195 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$353.2KPlan net assets, end of year$353,184
Participants86Covered participants reported
Assets / participant$6.4KComputed: assets ÷ participants$6,433 (computed)
Provider compensation$99.4K5 Schedule C provider row(s)$99,370
- Plan sponsor
- Therm-Omega-Tech, Inc.
- EIN
- 23-2281908
- Plan number
- 501
- Plan type
- 2
- Location
- Warminster, PA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 86 | I, C | 20241007121943NAL0015149505001 |
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)$553.2K total assets
Net assets$353.2KLiabilities$200K
Full reported line items
Net assets
- Total assets (EOY)
- $553,195
- Total liabilities (EOY)
- $200,011
- Net assets (EOY)
- $353,184
- Net assets (BOY)
- $0
Income & contributions
- Employer contributions
- $1,315,574
- Participant contributions
- $224,698
- Total income / additions
- $1,557,792
Expenses & distributions
- Benefits paid
- $551,027
- Administrative expenses
- $19,276
- Total expenses
- $1,204,608
- Net increase / (decrease)
- $353,184
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.
85%15%
Employer 85%Participant 15%
Total expenses ÷ net assets341%Computed ratio
Benefits paid ÷ total income35%Computed ratio
Provider comp. ÷ net assets28%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Onedigital (Kop) | BROKER | $25,950 | not reported in the loaded dataset | 2023 |
| Onedigital (Philadelphia) | BROKER | $25,600 | not reported in the loaded dataset | 2023 |
| The Benecon Group | BROKER | $25,485 | not reported in the loaded dataset | 2023 |
| Umr | ADMIN | $17,164 | not reported in the loaded dataset | 2023 |
| Connectcare3 | PATIENT ADVOCATE | $5,171 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Therm-Omega-Tech, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Warminster, PA
- Onedigital (Kop) — Schedule C compensation
- Onedigital (Philadelphia) — Schedule C compensation
- The Benecon Group — Schedule C compensation
- Umr — Schedule C compensation
- Connectcare3 — Schedule C compensation