Plan5500

Health Care Plan Of The Employees Of Iat Insurance Group Inc — Form 5500 plan (Iat Insurance Group 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, Health Care Plan Of The Employees Of Iat Insurance Group Inc is a benefit plan reported by Iat Insurance Group Inc. under EIN 56-1171691 and plan number 501. The latest loaded filing year is 2023. The filing reports 867 participants and $1,424,458 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$340.5KPlan net assets, end of year$340,521
Participants867Covered participants reported
Assets / participant$1.6KComputed: assets ÷ participants$1,643 (computed)
Provider compensation$527.7K2 Schedule C provider row(s)$527,711
Plan sponsor
Iat Insurance Group Inc.
EIN
56-1171691
Plan number
501
Plan type
2
Location
Raleigh, NC
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    867 participants · 2Sch HSch C
    View filing →
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)$1.4M total assets
Net assets$340.5KLiabilities$1.1M
Money in vs. money out
Total income / additions$15M
Total expenses$13.9M
Benefits paid / distributions$13.3M
Contributions
Employer$10.7M
Participant$3.1M
Full reported line items

Net assets

Total assets (EOY)
$1,424,458
Total liabilities (EOY)
$1,083,937
Net assets (EOY)
$340,521
Net assets (BOY)
-$708,407

Income & contributions

Employer contributions
$10,690,543
Participant contributions
$3,076,043
Total contributions
$13,766,586
Total income / additions
$14,960,309

Expenses & distributions

Benefits paid
$13,272,415
Administrative expenses
$638,966
Total expenses
$13,911,381
Net increase / (decrease)
$1,048,928
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 78%Participant 22%
Total expenses ÷ net assets4085%Computed ratio
Benefits paid ÷ total income89%Computed ratio
Provider comp. ÷ net assets155%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    United Healthcare Services Inc$513.5K
    CLAIM PROCESSOR · Direct $513.5K · Indirect $0
  2. 2
    Metropolitan Life Insurance Company$14.2K
    CONTRACT ADMINISTRATOR · Direct $14.2K

What to inspect next

Frequently asked questions

Who sponsors the Health Care Plan Of The Employees Of Iat Insurance Group Inc?
Health Care Plan Of The Employees Of Iat Insurance Group Inc is reported as sponsored by Iat Insurance Group Inc. (EIN 56-1171691, plan number 501) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Health Care Plan Of The Employees Of Iat Insurance Group Inc?
The latest Form 5500 filing year loaded for Health Care Plan Of The Employees Of Iat Insurance Group Inc is 2023.
How many participants does Health Care Plan Of The Employees Of Iat Insurance Group Inc report?
Health Care Plan Of The Employees Of Iat Insurance Group Inc reports 867 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Health Care Plan Of The Employees Of Iat Insurance Group Inc?
Health Care Plan Of The Employees Of Iat Insurance Group Inc reports $1,424,458 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages