Herbein + Company, Inc. Group Medical Plan — Form 5500 plan (Herbein And Company, 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, Herbein + Company, Inc. Group Medical Plan is a benefit plan reported by Herbein And Company, Inc. under EIN 23-2415973 and plan number 502. The latest loaded filing year is 2023. The filing reports 168 participants and $272,747 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)-$174.2KPlan net assets, end of year-$174,194
Participants168Covered participants reported
Assets / participant$1.6KComputed: assets ÷ participants$1,623 (computed)
Provider compensation$137K4 Schedule C provider row(s)$137,029
- Plan sponsor
- Herbein And Company, Inc.
- EIN
- 23-2415973
- Plan number
- 502
- Plan type
- 2
- Location
- Reading, PA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 168 | H, C | 20241015142817NAL0029975777001 |
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)$272.7K total assets
Net assets-$174.2KLiabilities$446.9K
Full reported line items
Net assets
- Total assets (EOY)
- $272,747
- Total liabilities (EOY)
- $446,941
- Net assets (EOY)
- -$174,194
- Net assets (BOY)
- $0
Income & contributions
- Employer contributions
- $2,320,559
- Participant contributions
- $598,708
- Total contributions
- $2,943,194
- Total income / additions
- $3,196,734
Expenses & distributions
- Benefits paid
- $3,233,899
- Administrative expenses
- $137,029
- Total expenses
- $3,370,928
- Net increase / (decrease)
- -$174,194
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.
79%21%
Employer 79%Participant 21%
Benefits paid ÷ total income101%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Patriot (Power-Kunkle Group, Inc.) | BROKER | $73,872 | not reported in the loaded dataset | 2023 |
| The Benecon Group | BROKER | $39,703 | not reported in the loaded dataset | 2023 |
| Highmark Blue Shield (Central) | ADMIN | $12,250 | not reported in the loaded dataset | 2023 |
| Connectcare3 | PATIENT ADVOCATE | $11,204 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Herbein And Company, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Reading, PA
- Patriot (Power-Kunkle Group, Inc.) — Schedule C compensation
- The Benecon Group — Schedule C compensation
- Highmark Blue Shield (Central) — Schedule C compensation
- Connectcare3 — Schedule C compensation