Healthcare Access Maryland, Inc. Group Medical Plan 505 — Form 5500 plan (Healthcare Access Maryland, 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, Healthcare Access Maryland, Inc. Group Medical Plan 505 is a benefit plan reported by Healthcare Access Maryland, Inc. under EIN 52-2017095 and plan number 505. The latest loaded filing year is 2023. The filing reports 143 participants and $485,557 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Healthcare Access Maryland, Inc.
- EIN
- 52-2017095
- Plan number
- 505
- Plan type
- 2
- Location
- Baltimore, MD
- Latest filing year
- 2023
- Participants
- 143
- End-of-year plan assets
- $485,557
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 143 | H, C | 20251014105104NAL0001244323001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $485,557
- Total liabilities (EOY)
- $185,888
- Net assets (EOY)
- $299,669
- Net assets (BOY)
- $0
Income & contributions
- Employer contributions
- $1,606,983
- Participant contributions
- $355,648
- Total contributions
- $1,962,631
- Total income / additions
- $1,968,593
Expenses & distributions
- Benefits paid
- $1,472,203
- Administrative expenses
- $196,721
- Total expenses
- $1,668,924
- Net increase / (decrease)
- $299,669
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Carefirst Administrators | ADMIN | $85,547 | not reported in the loaded dataset | 2023 |
| Tribridge Partners, LLC | BROKER | $68,080 | not reported in the loaded dataset | 2023 |
| The Benecon Group | BROKER | $32,153 | not reported in the loaded dataset | 2023 |
| Connectcare3 | PATIENT ADVOCATE | $9,293 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Healthcare Access Maryland, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in Baltimore, MD
- Carefirst Administrators — Schedule C compensation
- Tribridge Partners, LLC — Schedule C compensation
- The Benecon Group — Schedule C compensation
- Connectcare3 — Schedule C compensation