Bw Health Group, LLC Employee Benefit Plan — Form 5500 plan (Bw Health Group,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, Bw Health Group, LLC Employee Benefit Plan is a benefit plan reported by Bw Health Group,LLC under EIN 52-1059587 and plan number 501. The latest loaded filing year is 2023. The filing reports 55 participants and $253,608 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$99.8KPlan net assets, end of year$99,772
Participants55Covered participants reported
Assets / participant$4.6KComputed: assets ÷ participants$4,611 (computed)
Provider compensation$60.6K4 Schedule C provider row(s)$60,617
- Plan sponsor
- Bw Health Group,LLC
- EIN
- 52-1059587
- Plan number
- 501
- Plan type
- 2
- Location
- Chestertown, MD
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 55 | I, C | 20241122132348NAL0000803651001 |
Schedule I · 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)$253.6K total assets
Net assets$99.8KLiabilities$153.8K
Full reported line items
Net assets
- Total assets (EOY)
- $253,608
- Total liabilities (EOY)
- $153,836
- Net assets (EOY)
- $99,772
- Net assets (BOY)
- $61,284
Income & contributions
- Employer contributions
- $481,351
- Participant contributions
- $315,777
- Total income / additions
- $809,665
Expenses & distributions
- Benefits paid
- $493,592
- Administrative expenses
- $20,858
- Total expenses
- $771,177
- Net increase / (decrease)
- $38,488
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.
60%40%
Employer 60%Participant 40%
Total expenses ÷ net assets773%Computed ratio
Benefits paid ÷ total income61%Computed ratio
Provider comp. ÷ net assets61%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Carefirst Administrators | ADMIN | $24,496 | not reported in the loaded dataset | 2023 |
| Insurance Solutions | BROKER | $18,896 | not reported in the loaded dataset | 2023 |
| The Benecon Group, LLC | BROKER | $14,225 | not reported in the loaded dataset | 2023 |
| Connectcare 3 | PATIENT ADVOCATE | $3,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Bw Health Group,LLC
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in Chestertown, MD
- Carefirst Administrators — Schedule C compensation
- Insurance Solutions — Schedule C compensation
- The Benecon Group, LLC — Schedule C compensation
- Connectcare 3 — Schedule C compensation