Synovus Employee Health Plan — Form 5500 plan (Synovus Financial Corp.)
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, Synovus Employee Health Plan is a benefit plan reported by Synovus Financial Corp. under EIN 58-1134883 and plan number 501. The latest loaded filing year is 2023. The filing reports 4,238 participants and $10,774,369 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Synovus Financial Corp.
- EIN
- 58-1134883
- Plan number
- 501
- Plan type
- 2
- Location
- Columbus, GA
- Latest filing year
- 2023
- Participants
- 4,238
- End-of-year plan assets
- $10,774,369
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4,238 | H, C | 20241017171607NAL0062962162001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,774,369
- Total liabilities (EOY)
- $7,800,449
- Net assets (EOY)
- $2,973,920
- Net assets (BOY)
- $3,904,484
Income & contributions
- Employer contributions
- $39,918,899
- Participant contributions
- $16,501,198
- Total contributions
- $56,420,097
- Total income / additions
- $56,831,321
Expenses & distributions
- Benefits paid
- $51,344,034
- Administrative expenses
- $6,417,851
- Total expenses
- $57,761,885
- Net increase / (decrease)
- -$930,564
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Blue Cross Blue Shield Of Georgia | NONE | $1,546,509 | not reported in the loaded dataset | 2023 |
| Wellpoint | NONE | $1,481,888 | not reported in the loaded dataset | 2023 |
| Iec Group, Inc. Dba Ameriben | NONE | $1,474,438 | not reported in the loaded dataset | 2023 |
| Right Rx Fl, LLC Dba Us-Rx Care | NONE | $1,449,514 | not reported in the loaded dataset | 2023 |
| Teladoc | NONE | $121,716 | not reported in the loaded dataset | 2023 |
| Zelis | NONE | $50,997 | not reported in the loaded dataset | 2023 |
| Milliman | NONE | $49,000 | not reported in the loaded dataset | 2023 |
| Alight Solutions, LLC | NONE | $41,818 | not reported in the loaded dataset | 2023 |
| Robinson, Grimes & Co., P.C. | NONE | $41,075 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Synovus Financial Corp.
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Columbus, GA
- Blue Cross Blue Shield Of Georgia — Schedule C compensation
- Wellpoint — Schedule C compensation
- Iec Group, Inc. Dba Ameriben — Schedule C compensation
- Right Rx Fl, LLC Dba Us-Rx Care — Schedule C compensation
- Teladoc — Schedule C compensation
- Zelis — Schedule C compensation
- Milliman — Schedule C compensation
- Alight Solutions, LLC — Schedule C compensation
- Robinson, Grimes & Co., P.C. — Schedule C compensation