2nd Chance Treatment Centers Group Health Benefit Plan — Form 5500 plan (2nd Chance Treatment Centers, LLC)

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, 2nd Chance Treatment Centers Group Health Benefit Plan is a benefit plan reported by 2nd Chance Treatment Centers, LLC under EIN 46-4910506 and plan number 501. The latest loaded filing year is 2023. The filing reports 241 participants and $146,490 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)-$21.6KPlan net assets, end of year-$21,607
Participants241Covered participants reported
Assets / participant$608Computed: assets ÷ participants$608 (computed)
Provider compensation$129.2K4 Schedule C provider row(s)$129,192
Plan sponsor
2nd Chance Treatment Centers, LLC
EIN
46-4910506
Plan number
501
Plan type
2
Location
Phoenix, AZ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023241H, C20241004143924NAL0020585520001
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)$146.5K total assets
Net assets-$21.6KLiabilities$168.1K
Money in vs. money out
Total income / additions$1.3M
Total expenses$1.4M
Benefits paid / distributions$1.2M
Contributions
Employer$834K
Participant$512.3K
Full reported line items

Net assets

Total assets (EOY)
$146,490
Total liabilities (EOY)
$168,097
Net assets (EOY)
-$21,607
Net assets (BOY)
$0

Income & contributions

Employer contributions
$834,002
Participant contributions
$512,268
Total contributions
$1,346,270
Total income / additions
$1,346,452

Expenses & distributions

Benefits paid
$1,240,638
Administrative expenses
$127,421
Total expenses
$1,368,059
Net increase / (decrease)
-$21,607
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 62%Participant 38%
Benefits paid ÷ total income92%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Employee Benefits InternationalBROKER$67,938not reported in the loaded dataset2023
The Benecon GroupBROKER$32,138not reported in the loaded dataset2023
UmrCARRIER$20,336not reported in the loaded dataset2023
Connectcare3PATIENT ADVOCATE$8,780not reported in the loaded dataset2023

Related Form 5500 pages