Hirsch Electric LLC Health & Welfare Plan — Form 5500 plan (Hirsch Electric 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, Hirsch Electric LLC Health & Welfare Plan is a benefit plan reported by Hirsch Electric LLC under EIN 52-2322452 and plan number 501. The latest loaded filing year is 2023. The filing reports 94 participants and $47,574 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)-$79KPlan net assets, end of year-$79,005
Participants94Covered participants reported
Assets / participant$506Computed: assets ÷ participants$506 (computed)
Provider compensation$93.7K4 Schedule C provider row(s)$93,709
- Plan sponsor
- Hirsch Electric LLC
- EIN
- 52-2322452
- Plan number
- 501
- Plan type
- 2
- Location
- Baltimore, MD
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 94 | I, C | 20240604074918NAL0039597442001 |
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)$47.6K total assets
Net assets-$79KLiabilities$126.6K
Full reported line items
Net assets
- Total assets (EOY)
- $47,574
- Total liabilities (EOY)
- $126,579
- Net assets (EOY)
- -$79,005
- Net assets (BOY)
- $231,606
Income & contributions
- Employer contributions
- $290,280
- Participant contributions
- $354,914
- Total income / additions
- $646,085
Expenses & distributions
- Benefits paid
- $405,765
- Administrative expenses
- $37,416
- Total expenses
- $956,696
- Net increase / (decrease)
- -$310,611
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.
45%55%
Employer 45%Participant 55%
Benefits paid ÷ total income63%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Carefirst Administrators | ADMIN | $37,416 | not reported in the loaded dataset | 2023 |
| Brooks Financial Group, Inc. | BROKER | $32,610 | not reported in the loaded dataset | 2023 |
| The Benecon Group | BROKER | $17,857 | not reported in the loaded dataset | 2023 |
| Connectcare3 | PATIENT ADVOCATE | $5,826 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Hirsch Electric LLC
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in Baltimore, MD
- Carefirst Administrators — Schedule C compensation
- Brooks Financial Group, Inc. — Schedule C compensation
- The Benecon Group — Schedule C compensation
- Connectcare3 — Schedule C compensation