Preferred Home Care Welfare Plan — Form 5500 plan (Preferred Home Care Of New York LLC)
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, Preferred Home Care Welfare Plan is a benefit plan reported by Preferred Home Care Of New York LLC under EIN 85-6352521 and plan number 501. The latest loaded filing year is 2023. The filing reports 6,060 participants and $5,541,142 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Preferred Home Care Of New York LLC
- EIN
- 85-6352521
- Plan number
- 501
- Plan type
- 2
- Location
- Brooklyn, NY
- Latest filing year
- 2023
- Participants
- 6,060
- End-of-year plan assets
- $5,541,142
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 6,060 | H, C | 20240703101624NAL0004353043001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,541,142
- Total liabilities (EOY)
- $4,911,883
- Net assets (EOY)
- $629,259
- Net assets (BOY)
- $0
Income & contributions
- Employer contributions
- $16,007,224
- Total contributions
- $16,007,224
- Total income / additions
- $16,015,717
Expenses & distributions
- Benefits paid
- $13,199,795
- Administrative expenses
- $2,186,663
- Total expenses
- $15,386,458
- Net increase / (decrease)
- $629,259
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Tristar Benefit Administrators | THIRD PARTY ADMINISTRATOR | $1,414,182 | not reported in the loaded dataset | 2023 |
| Grandview Brokerage Corporation | INSURANCE BROKER | $625,250 | not reported in the loaded dataset | 2023 |
| Anchin Accountants And Advisors | ACCOUNTANT | $88,703 | not reported in the loaded dataset | 2023 |
| Tristar Health Administrators Of Nv | TRUSTEE | $20,000 | not reported in the loaded dataset | 2023 |
| Milliman | PLAN ACTUARY | $14,510 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Preferred Home Care Of New York LLC
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Brooklyn, NY
- Tristar Benefit Administrators — Schedule C compensation
- Grandview Brokerage Corporation — Schedule C compensation
- Anchin Accountants And Advisors — Schedule C compensation
- Tristar Health Administrators Of Nv — Schedule C compensation
- Milliman — Schedule C compensation