Arvest Bank Group Employees Health Benefit Plan — Form 5500 plan (Arvest Bank)

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, Arvest Bank Group Employees Health Benefit Plan is a benefit plan reported by Arvest Bank under EIN 71-0118700 and plan number 504. The latest loaded filing year is 2023. The filing reports 5,677 participants and $5,705,973 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Arvest Bank
EIN
71-0118700
Plan number
504
Plan type
2
Location
Lowell, AR
Latest filing year
2023
Participants
5,677
End-of-year plan assets
$5,705,973

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20235,677H, C20241010140615NAL0010091331001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$5,705,973
Total liabilities (EOY)
$0
Net assets (EOY)
$5,705,973
Net assets (BOY)
$9,509,512

Income & contributions

Employer contributions
$35,495,703
Participant contributions
$14,959,808
Total contributions
$50,455,511
Total income / additions
$51,282,279

Expenses & distributions

Benefits paid
$51,560,847
Administrative expenses
$3,524,971
Total expenses
$55,085,818
Net increase / (decrease)
-$3,803,539

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Umr, Inc.NONE$3,101,759$41,5122023
Delta Dental Plan Of ArkansasNONE$240,596not reported in the loaded dataset2023
RxbenefitsNONE$218,798not reported in the loaded dataset2023
Prudentrx LLCNONE$83,595not reported in the loaded dataset2023
Optum FinancialNONE$39,980not reported in the loaded dataset2023

Related Form 5500 pages