West Sound Academy Self Funded Medical Reimbursement Plan — Form 5500 plan (West Sound Academy)

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, West Sound Academy Self Funded Medical Reimbursement Plan is a benefit plan reported by West Sound Academy under EIN 91-1879042 and plan number 501. The latest loaded filing year is 2023. The filing reports 7 participants and $115,902 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$115.6KPlan net assets, end of year$115,563
Participants7Covered participants reported
Assets / participant$16.6KComputed: assets ÷ participants$16,557 (computed)
Provider compensationNone reported
Plan sponsor
West Sound Academy
EIN
91-1879042
Plan number
501
Plan type
2
Location
Poulsbo, WA
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    7 participants · 2Sch I
    View filing →
Schedule I · 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)$115.9K total assets
Net assets$115.6KLiabilities$339
Money in vs. money out
Total income / additions$33.5K
Total expenses$21.9K
Benefits paid / distributions$14.2K
Contributions
EmployerNot reported
Participant$27.2K
Full reported line items

Net assets

Total assets (EOY)
$115,902
Total liabilities (EOY)
$339
Net assets (EOY)
$115,563
Net assets (BOY)
$103,889

Income & contributions

Participant contributions
$27,189
Total income / additions
$33,545

Expenses & distributions

Benefits paid
$14,207
Administrative expenses
$7,664
Total expenses
$21,871
Net increase / (decrease)
$11,674
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.

Total expenses ÷ net assets19%Computed ratio
Benefits paid ÷ total income42%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

No Schedule C service provider compensation is loaded for this plan yet.

What to inspect next

Frequently asked questions

Who sponsors the West Sound Academy Self Funded Medical Reimbursement Plan?
West Sound Academy Self Funded Medical Reimbursement Plan is reported as sponsored by West Sound Academy (EIN 91-1879042, plan number 501) in public Form 5500 filings.
What is the most recent Form 5500 filing year for West Sound Academy Self Funded Medical Reimbursement Plan?
The latest Form 5500 filing year loaded for West Sound Academy Self Funded Medical Reimbursement Plan is 2023.
How many participants does West Sound Academy Self Funded Medical Reimbursement Plan report?
West Sound Academy Self Funded Medical Reimbursement Plan reports 7 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for West Sound Academy Self Funded Medical Reimbursement Plan?
West Sound Academy Self Funded Medical Reimbursement Plan reports $115,902 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages