Waicu Benefits Consortium, Inc. Health Plan — Form 5500 plan (Waicu Benefits Consortium, 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, Waicu Benefits Consortium, Inc. Health Plan is a benefit plan reported by Waicu Benefits Consortium, Inc. under EIN 32-0086947 and plan number 501. The latest loaded filing year is 2023. The filing reports 1,363 participants and $14,027,898 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Waicu Benefits Consortium, Inc.
EIN
32-0086947
Plan number
501
Plan type
2
Location
Madison, WI
Latest filing year
2023
Participants
1,363
End-of-year plan assets
$14,027,898

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,363H, C20250110101035NAL0028510530001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$14,027,898
Total liabilities (EOY)
$3,686,981
Net assets (EOY)
$10,340,917
Net assets (BOY)
$8,901,423

Income & contributions

Employer contributions
$16,311,001
Participant contributions
$5,881,617
Total contributions
$22,192,618
Total income / additions
$23,648,269

Expenses & distributions

Benefits paid
$20,411,105
Administrative expenses
$1,406,670
Total expenses
$21,817,775
Net increase / (decrease)
$1,830,494

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Umr, IncCLAIMS PROCESSING$804,389$12,3882023
WaicuEMPLOYEE ORG$496,476not reported in the loaded dataset2023
MillimanNONE$120,253not reported in the loaded dataset2023
Delta Dental Of Wisconsin,IncNONE$30,419not reported in the loaded dataset2023
Baker Tilly Us, LlpNONE$29,099not reported in the loaded dataset2023
CaremarkNONE$26,461not reported in the loaded dataset2023
Michael Best & Friedrich LlpNONE$7,990not reported in the loaded dataset2023
R.W Baird & CoNONE$7,891not reported in the loaded dataset2023
Associated BankNONE$1,909not reported in the loaded dataset2023

Related Form 5500 pages