2023 Form 5500 filing — Teamsters Local 348 Health & Welfare Fund
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241009150828NAL0009337203001) for Teamsters Local 348 Health & Welfare Fund, reported by Teamsters Local 348 Health & Welfare Fund under EIN 34-6564615 and plan number 501. It reports 438 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009150828NAL0009337203001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Teamsters Local 348 Health & Welfare Fund
- EIN
- 34-6564615
- Plan number
- 501
- Location
- Akron, OH
- Participants
- 438
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,695,648
- Total liabilities (EOY)
- $1,130
- Net assets (EOY)
- $12,694,518
- Employer contributions
- $9,455,975
- Participant contributions
- $147,454
- Total income / additions
- $10,061,612
- Benefits paid
- $7,022,432
- Administrative expenses
- $219,807
- Total expenses
- $7,242,239
- Net increase / (decrease)
- $2,819,373
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Jennifer Carcione | EMPLOYEE | $48,760 | not reported in the loaded dataset |
| Dan Darrow | EMPLOYEE | $36,075 | not reported in the loaded dataset |
| Conner Darrow | EMPLOYEE | $10,600 | not reported in the loaded dataset |
| Swallen Lawhun & Co | UNION AUDITOR | $8,850 | not reported in the loaded dataset |
| Parsons Risk Strategies | ACTUARY | $5,000 | not reported in the loaded dataset |