The Medical And Prescription Drug Plan For Employees Of The College Of Wooster — Form 5500 plan (The College Of Wooster)
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, The Medical And Prescription Drug Plan For Employees Of The College Of Wooster is a benefit plan reported by The College Of Wooster under EIN 34-0714654 and plan number 503. The latest loaded filing year is 2023. The filing reports 436 participants and $23,182 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)-$801.3KPlan net assets, end of year-$801,340
Participants436Covered participants reported
Assets / participant$53Computed: assets ÷ participants$53 (computed)
Provider compensation$481.6K3 Schedule C provider row(s)$481,617
- Plan sponsor
- The College Of Wooster
- EIN
- 34-0714654
- Plan number
- 503
- Plan type
- 2
- Location
- Wooster, OH
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 436 | H, C | 20241010151413NAL0041291986001 |
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)$23.2K total assets
Net assets-$801.3KLiabilities$824.5K
Full reported line items
Net assets
- Total assets (EOY)
- $23,182
- Total liabilities (EOY)
- $824,522
- Net assets (EOY)
- -$801,340
- Net assets (BOY)
- $919,912
Income & contributions
- Employer contributions
- $3,724,445
- Participant contributions
- $1,455,332
- Total contributions
- $5,179,777
- Total income / additions
- $5,220,336
Expenses & distributions
- Benefits paid
- $6,459,971
- Administrative expenses
- $481,617
- Total expenses
- $6,941,588
- Net increase / (decrease)
- -$1,721,252
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Community Insurance Company | NONE | $207,470 | $0 | 2023 |
| Express Scripts | NONE | $167,700 | not reported in the loaded dataset | 2023 |
| Eiia | NONE | $106,447 | not reported in the loaded dataset | 2023 |