The Carefirst 401(K) Plan — Form 5500 plan (Carefirst, 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, The Carefirst 401(K) Plan is a benefit plan reported by Carefirst, Inc. under EIN 52-2069215 and plan number 002. The latest loaded filing year is 2023. The filing reports 7,809 participants and $919,968,000 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Carefirst, Inc.
EIN
52-2069215
Plan number
002
Plan type
2
Location
Owings Mills, MD
Latest filing year
2023
Participants
7,809
End-of-year plan assets
$919,968,000

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20237,809H, C20241014105535NAL0025979937001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$919,968,000
Total liabilities (EOY)
$0
Net assets (EOY)
$919,968,000
Net assets (BOY)
$757,551,000

Income & contributions

Employer contributions
$47,386,000
Participant contributions
$52,363,000
Total contributions
$107,420,000
Total income / additions
$249,956,000

Expenses & distributions

Benefits paid
$87,236,000
Administrative expenses
$290,000
Total expenses
$87,539,000
Net increase / (decrease)
$162,417,000

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Inv Inst Oper Co LLCRECORDKEEPER$290,000$02023

Related Form 5500 pages