First Medical Health Retirement Savings Plan — Form 5500 plan (First Medical Health Plan, 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, First Medical Health Retirement Savings Plan is a benefit plan reported by First Medical Health Plan, Inc under EIN 66-0537624 and plan number 001. The latest loaded filing year is 2023. The filing reports 874 participants and $15,885,564 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
First Medical Health Plan, Inc
EIN
66-0537624
Plan number
001
Plan type
2
Location
San Juan, PR
Latest filing year
2023
Participants
874
End-of-year plan assets
$15,885,564

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023874H, C20241015154225NAL0016783555001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$15,885,564
Total liabilities (EOY)
$49,315
Net assets (EOY)
$15,836,249
Net assets (BOY)
$12,390,789

Income & contributions

Employer contributions
$558,786
Participant contributions
$1,331,927
Total contributions
$1,890,713
Total income / additions
$4,288,580

Expenses & distributions

Benefits paid
$758,809
Administrative expenses
$84,311
Total expenses
$843,120
Net increase / (decrease)
$3,445,460

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Bppr - Popular Fiduciary ServicesTRUSTEE & RK$7,738$41,5972023

Related Form 5500 pages