Security Benefit Corporation Welfare Benefit Plan — Form 5500 plan (Security Benefit Corporation)
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, Security Benefit Corporation Welfare Benefit Plan is a benefit plan reported by Security Benefit Corporation under EIN 48-1202239 and plan number 501. The latest loaded filing year is 2023. The filing reports 1,464 participants and $5,628,284 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Security Benefit Corporation
- EIN
- 48-1202239
- Plan number
- 501
- Plan type
- 2
- Location
- Topeka, KS
- Latest filing year
- 2023
- Participants
- 1,464
- End-of-year plan assets
- $5,628,284
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,464 | H, C | 20241015094508NAL0027978961004 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,628,284
- Net assets (EOY)
- $5,628,284
- Net assets (BOY)
- $7,698,772
Income & contributions
- Employer contributions
- $16,272,658
- Participant contributions
- $4,752,326
- Total contributions
- $21,335,730
- Total income / additions
- $21,697,163
Expenses & distributions
- Benefits paid
- $22,761,956
- Administrative expenses
- $1,005,695
- Total expenses
- $23,767,651
- Net increase / (decrease)
- -$2,070,488
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| United Healthcare Services, Inc. | CLAIMS PROCESSOR | $911,753 | $0 | 2023 |
| Delta Dental Of Kansas, Inc. | CONTRACT ADMINISTRATOR | $40,439 | not reported in the loaded dataset | 2023 |
| Wex, Inc. | FSA ADMINISTRATOR | $23,807 | not reported in the loaded dataset | 2023 |
| Compsych | THIRD PARTY ADMINISTRATOR | $0 | $15,597 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Security Benefit Corporation
- 2023 Form 5500 filing
- Form 5500 filings in KS
- 401(k) and benefit plan filings in Topeka, KS
- United Healthcare Services, Inc. — Schedule C compensation
- Delta Dental Of Kansas, Inc. — Schedule C compensation
- Wex, Inc. — Schedule C compensation
- Compsych — Schedule C compensation