Reach Cyber Charter School Medical Benefit Plan — Form 5500 plan (Reach Cyber Charter School)

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, Reach Cyber Charter School Medical Benefit Plan is a benefit plan reported by Reach Cyber Charter School under EIN 47-4968734 and plan number 502. The latest loaded filing year is 2023. The filing reports 553 participants and $143,187 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$143.2KPlan net assets, end of year$143,187
Participants553Covered participants reported
Assets / participant$259Computed: assets ÷ participants$259 (computed)
Provider compensation$231.2K1 Schedule C provider row(s)$231,168
Plan sponsor
Reach Cyber Charter School
EIN
47-4968734
Plan number
502
Plan type
2
Location
Harrisburg, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023553H, C20250713203449NAL0001386658001
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)$143.2K total assets
Net assets$143.2KLiabilities$0
Money in vs. money out
Total income / additions$10M
Total expenses$9.9M
Benefits paid / distributions$8.9M
Contributions
Employer$0
Participant$0
Full reported line items

Net assets

Total assets (EOY)
$143,187
Total liabilities (EOY)
$0
Net assets (EOY)
$143,187
Net assets (BOY)
$0

Income & contributions

Employer contributions
$0
Participant contributions
$0
Total contributions
$9,989,731
Total income / additions
$9,996,325

Expenses & distributions

Benefits paid
$8,917,566
Administrative expenses
$935,572
Total expenses
$9,853,138
Net increase / (decrease)
$143,187
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.

Total expenses ÷ net assets6881%Computed ratio
Benefits paid ÷ total income89%Computed ratio
Provider comp. ÷ net assets161%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Capital Advantage Assurance CompanyCONTRACT ADMINISTRATOR$231,168$02023

Related Form 5500 pages