Medben Employee Prescription Welfare Benefit Plan — Form 5500 plan (Medical Benefits Mutual Life Insurance Co.)

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, Medben Employee Prescription Welfare Benefit Plan is a benefit plan reported by Medical Benefits Mutual Life Insurance Co. under EIN 31-4210910 and plan number 502. The latest loaded filing year is 2023. The filing reports 121 participants and $2,204 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)-$10.8KPlan net assets, end of year-$10,827
Participants121Covered participants reported
Assets / participant$18Computed: assets ÷ participants$18 (computed)
Provider compensationNone reported
Plan sponsor
Medical Benefits Mutual Life Insurance Co.
EIN
31-4210910
Plan number
502
Plan type
2
Location
Newark, OH
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023121H20241015094101NAL0048699904001
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)$2.2K total assets
Net assets-$10.8KLiabilities$13K
Money in vs. money out
Total income / additions$130.9K
Total expenses$138.4K
Benefits paid / distributions$138.4K
Contributions
Employer$130.9K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$2,204
Total liabilities (EOY)
$13,031
Net assets (EOY)
-$10,827
Net assets (BOY)
-$3,381

Income & contributions

Employer contributions
$130,917
Total contributions
$130,917
Total income / additions
$130,917

Expenses & distributions

Benefits paid
$138,363
Administrative expenses
$0
Total expenses
$138,363
Net increase / (decrease)
-$7,446

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages