Minact Group Health Plan And Trust — Form 5500 plan (Minact, 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, Minact Group Health Plan And Trust is a benefit plan reported by Minact, Inc. under EIN 64-0609995 and plan number 501. The latest loaded filing year is 2023. The filing reports 160 participants and $955,699 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$297.5KPlan net assets, end of year$297,487
Participants160Covered participants reported
Assets / participant$6KComputed: assets ÷ participants$5,973 (computed)
Provider compensation$43K1 Schedule C provider row(s)$42,992
- Plan sponsor
- Minact, Inc.
- EIN
- 64-0609995
- Plan number
- 501
- Plan type
- 2
- Location
- Jackson, MS
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 160 | H, C | 20250417162902NAL0000723043001 |
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)$955.7K total assets
Net assets$297.5KLiabilities$658.2K
Full reported line items
Net assets
- Total assets (EOY)
- $955,699
- Total liabilities (EOY)
- $658,212
- Net assets (EOY)
- $297,487
- Net assets (BOY)
- -$15,816
Income & contributions
- Employer contributions
- $1,537,630
- Participant contributions
- $493,034
- Total contributions
- $2,030,664
- Total income / additions
- $2,030,664
Expenses & distributions
- Benefits paid
- $1,615,409
- Administrative expenses
- $101,952
- Total expenses
- $1,717,361
- Net increase / (decrease)
- $313,303
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.
76%24%
Employer 76%Participant 24%
Total expenses ÷ net assets577%Computed ratio
Benefits paid ÷ total income80%Computed ratio
Provider comp. ÷ net assets14%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fox Everett A Division Of Hub Inter | CONTRACT ADMINISTRATOR | $42,992 | not reported in the loaded dataset | 2023 |