Plan5500

Francis O. Day, Co., Inc. Group Health & Life Plan — Form 5500 plan (Francis O. Day Co., 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, Francis O. Day, Co., Inc. Group Health & Life Plan is a benefit plan reported by Francis O. Day Co., Inc. under EIN 52-0813708 and plan number 501. The latest loaded filing year is 2023. The filing reports 265 participants and $1,124,040 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$927.9KPlan net assets, end of year$927,883
Participants265Covered participants reported
Assets / participant$4.2KComputed: assets ÷ participants$4,242 (computed)
Provider compensation$134.9K4 Schedule C provider row(s)$134,870
Plan sponsor
Francis O. Day Co., Inc.
EIN
52-0813708
Plan number
501
Plan type
2
Location
Rockville, MD
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023265H, C20250814140526NAL0005449075001
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)$1.1M total assets
Net assets$927.9KLiabilities$196.2K
Money in vs. money out
Total income / additions$2.7M
Total expenses$2M
Benefits paid / distributions$1.4M
Contributions
Employer$1.9M
Participant$808.3K
Full reported line items

Net assets

Total assets (EOY)
$1,124,040
Total liabilities (EOY)
$196,157
Net assets (EOY)
$927,883
Net assets (BOY)
$179,375

Income & contributions

Employer contributions
$1,895,057
Participant contributions
$808,341
Total contributions
$2,703,398
Total income / additions
$2,723,918

Expenses & distributions

Benefits paid
$1,355,955
Administrative expenses
$619,455
Total expenses
$1,975,410
Net increase / (decrease)
$748,508
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 70%Participant 30%
Total expenses ÷ net assets213%Computed ratio
Benefits paid ÷ total income50%Computed ratio
Provider comp. ÷ net assets15%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Carefirst AdministratorsADMIN$56,824not reported in the loaded dataset2023
Brown & Brown Insurance Of VaBROKER$47,112not reported in the loaded dataset2023
The Benecon Group, LLCBROKER$24,299not reported in the loaded dataset2023
Connectcare3PATIENT ADVOCATE$6,635not reported in the loaded dataset2023

Related Form 5500 pages