Cphs Profit Sharing Plan — Form 5500 plan (Chespenn Health Services, 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, Cphs Profit Sharing Plan is a benefit plan reported by Chespenn Health Services, Inc. under EIN 23-7354899 and plan number 002. The latest loaded filing year is 2023. The filing reports 141 participants and $4,141,588 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5MPlan net assets, end of year$4,961,755
Participants141Covered participants reported
Assets / participant$35.2KComputed: assets ÷ participants$35,190 (computed)
Provider compensation$63.5K4 Schedule C provider row(s)$63,481
Plan sponsor
Chespenn Health Services, Inc.
EIN
23-7354899
Plan number
002
Plan type
2
Location
Eddystone, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023141H, C20250428102212NAL0019600144001
2023109H, C20251222140558NAL0005094211001
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)$5M total assets
Net assets$5MLiabilities$0
Money in vs. money out
Total income / additions$1.1M
Total expenses$309.5K
Benefits paid / distributions$274.5K
Contributions
Employer$244.8K
Participant$263.7K
Full reported line items

Net assets

Total assets (EOY)
$4,961,755
Total liabilities (EOY)
$0
Net assets (EOY)
$4,961,755
Net assets (BOY)
$4,169,559

Income & contributions

Employer contributions
$244,817
Participant contributions
$263,666
Total contributions
$514,719
Total income / additions
$1,101,711

Expenses & distributions

Benefits paid
$274,533
Administrative expenses
$34,982
Total expenses
$309,515
Net increase / (decrease)
$792,196
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 48%Participant 52%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income25%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Commonwealth Financial NetworkNONE$19,536not reported in the loaded dataset2023
The Vanguard Group, Inc.NONE$15,446$02023
Commonwealth Financial NetworkNONE$15,415not reported in the loaded dataset2023
The Vanguard Group, Inc.NONE$13,084$02023

Related Form 5500 pages