Premployer, Inc. Welfare Benefit Plan — Form 5500 plan (Premployer, Inc. Welfare Benefit Plan)

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, Premployer, Inc. Welfare Benefit Plan is a benefit plan reported by Premployer, Inc. Welfare Benefit Plan under EIN 58-2471604 and plan number 502. The latest loaded filing year is 2023. The filing reports 1,051 participants and $654,485 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$22.7KPlan net assets, end of year$22,660
Participants1.1KCovered participants reported1,051
Assets / participant$623Computed: assets ÷ participants$623 (computed)
Provider compensation$733.1K1 Schedule C provider row(s)$733,066
Plan sponsor
Premployer, Inc. Welfare Benefit Plan
EIN
58-2471604
Plan number
502
Plan type
3
Location
Dothan, AL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,051H, C20250918081953NAL0001590915001
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)$654.5K total assets
Net assets$22.7KLiabilities$631.8K
Money in vs. money out
Total income / additions$9.4M
Total expenses$9.5M
Benefits paid / distributions$8.3M
Contributions
Employer$6M
Participant$2.6M
Full reported line items

Net assets

Total assets (EOY)
$654,485
Total liabilities (EOY)
$631,825
Net assets (EOY)
$22,660
Net assets (BOY)
$100,175

Income & contributions

Employer contributions
$6,010,603
Participant contributions
$2,640,790
Total contributions
$9,422,898
Total income / additions
$9,422,898

Expenses & distributions

Benefits paid
$8,255,902
Administrative expenses
$1,244,511
Total expenses
$9,500,413
Net increase / (decrease)
-$77,515

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Blue Cross And Blue Shield Of AlCLAIMS PROCESSOR$733,066not reported in the loaded dataset2023

Related Form 5500 pages