Ortec, Inc. Health And Welfare Benefit Plan — Form 5500 plan (Ortec, 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, Ortec, Inc. Health And Welfare Benefit Plan is a benefit plan reported by Ortec, Inc. under EIN 57-0700660 and plan number 501. The latest loaded filing year is 2023. The filing reports 292 participants and $719,939 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ortec, Inc.
- EIN
- 57-0700660
- Plan number
- 501
- Plan type
- 2
- Location
- Easley, SC
- Latest filing year
- 2023
- Participants
- 292
- End-of-year plan assets
- $719,939
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 292 | H, C | 20241014113809NAL0014855155001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $719,939
- Total liabilities (EOY)
- $377,398
- Net assets (EOY)
- $342,541
- Net assets (BOY)
- $171,092
Income & contributions
- Employer contributions
- $2,993,811
- Participant contributions
- $459,567
- Total contributions
- $3,453,378
- Total income / additions
- $3,472,207
Expenses & distributions
- Benefits paid
- $2,230,065
- Administrative expenses
- $1,070,693
- Total expenses
- $3,300,758
- Net increase / (decrease)
- $171,449
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Bluechoice Healthplan Of Sc | ADMIN | $212,180 | not reported in the loaded dataset | 2023 |
| Ecm Solutions | BROKER | $72,336 | not reported in the loaded dataset | 2023 |
| The Benecon Group, LLC | BROKER | $39,456 | not reported in the loaded dataset | 2023 |
| E. K. Mcconkey & Co., Inc. | BROKER | $39,456 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ortec, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in SC
- 401(k) and benefit plan filings in Easley, SC
- Bluechoice Healthplan Of Sc — Schedule C compensation
- Ecm Solutions — Schedule C compensation
- The Benecon Group, LLC — Schedule C compensation
- E. K. Mcconkey & Co., Inc. — Schedule C compensation