Bay Community Support Services, Inc. Group Medical Plan — Form 5500 plan (Bay Community Support Service, 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, Bay Community Support Services, Inc. Group Medical Plan is a benefit plan reported by Bay Community Support Service, Inc. under EIN 52-1763520 and plan number 503. The latest loaded filing year is 2023. The filing reports 43 participants and $282,405 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$245.3KPlan net assets, end of year$245,272
Participants43Covered participants reported
Assets / participant$6.6KComputed: assets ÷ participants$6,568 (computed)
Provider compensation$54.2K4 Schedule C provider row(s)$54,194
Plan sponsor
Bay Community Support Service, Inc.
EIN
52-1763520
Plan number
503
Plan type
2
Location
Annapolis, MD
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202343I, C20251215121115NAL0003442610001
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)$282.4K total assets
Net assets$245.3KLiabilities$37.1K
Money in vs. money out
Total income / additions$611.7K
Total expenses$674K
Benefits paid / distributions$348.1K
Contributions
Employer$525.5K
Participant$77K
Full reported line items

Net assets

Total assets (EOY)
$282,405
Total liabilities (EOY)
$37,133
Net assets (EOY)
$245,272
Net assets (BOY)
$307,619

Income & contributions

Employer contributions
$525,458
Participant contributions
$76,975
Total income / additions
$611,682

Expenses & distributions

Benefits paid
$348,064
Administrative expenses
$14,944
Total expenses
$674,029
Net increase / (decrease)
-$62,347
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 87%Participant 13%
Total expenses ÷ net assets275%Computed ratio
Benefits paid ÷ total income57%Computed ratio
Provider comp. ÷ net assets22%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Carefirst AdministratorsADMIN$20,614not reported in the loaded dataset2023
The Benecon Group, LLCBROKER$15,566not reported in the loaded dataset2023
The Capital Group (Armfield, HarrisBROKER$15,240not reported in the loaded dataset2023
Connectcare3PATIENT ADVOCATE$2,774not reported in the loaded dataset2023

Related Form 5500 pages