P E Systems, Inc. Group Medical Plan — Form 5500 plan (P E Systems, 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, P E Systems, Inc. Group Medical Plan is a benefit plan reported by P E Systems, Inc. under EIN 54-0891458 and plan number 511. The latest loaded filing year is 2023. The filing reports 126 participants and $351,321 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$0Plan net assets, end of year
Participants126Covered participants reported
Assets / participant$2.8KComputed: assets ÷ participants$2,788 (computed)
Provider compensation$152.3K4 Schedule C provider row(s)$152,258
Plan sponsor
P E Systems, Inc.
EIN
54-0891458
Plan number
511
Plan type
2
Location
Fairfax, VA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023126H, C20250407150043NAL0016424449001
Schedule H · 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)$351.3K total assets
Net assets$0Liabilities$351.3K
Money in vs. money out
Total income / additions$2.3M
Total expenses$2.6M
Benefits paid / distributions$2.4M
Contributions
Employer$1.6M
Participant$574.6K
Full reported line items

Net assets

Total assets (EOY)
$351,321
Total liabilities (EOY)
$351,321
Net assets (EOY)
$0
Net assets (BOY)
$271,012

Income & contributions

Employer contributions
$1,606,461
Participant contributions
$574,629
Total contributions
$2,181,090
Total income / additions
$2,298,478

Expenses & distributions

Benefits paid
$2,417,232
Administrative expenses
$152,258
Total expenses
$2,569,490
Net increase / (decrease)
-$271,012

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Carefirst AdministratorsADMIN$59,408not reported in the loaded dataset2023
Brown & Brown Insurance Of VaBROKER$57,387not reported in the loaded dataset2023
The Benecon Group, LLCBROKER$26,956not reported in the loaded dataset2023
Connectcare3PATIENT ADVOCATE$8,507not reported in the loaded dataset2023

Related Form 5500 pages