2023 Form 5500 filing — Insulators Local No. 53 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 20241009160813NAL0019600625001) for Insulators Local No. 53 Welfare Fund, reported by Insulators Local No. 53 Welfare Fund under EIN 72-0455641 and plan number 501. It reports 146 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009160813NAL0019600625001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Insulators Local No. 53 Welfare Fund
- EIN
- 72-0455641
- Plan number
- 501
- Location
- Kenner, LA
- Participants
- 146
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,227,715
- Total liabilities (EOY)
- $1,053,714
- Net assets (EOY)
- $7,174,001
- Employer contributions
- $1,355,822
- Participant contributions
- $104,023
- Total income / additions
- $1,959,723
- Benefits paid
- $1,071,508
- Administrative expenses
- $298,052
- Total expenses
- $1,369,560
- Net increase / (decrease)
- $590,163
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Blue Cross Blue Shield Of Louisiana | CLAIMS PROCESSOR | $61,113 | not reported in the loaded dataset |
| Horizon Actuarial Services | CONSULTANT | $45,801 | not reported in the loaded dataset |
| Sei Investment Management Corp | INVESTMENT CUSTODIAN | $27,653 | $0 |
| Ted Soileau Cpa LLC | ACCOUNTANT | $23,468 | not reported in the loaded dataset |
| Robein, Urann, Spencer & Congemi | ATTORNEY | $20,006 | not reported in the loaded dataset |
| Ryan Bordelon | FUND ADMINISTRATOR | $16,511 | not reported in the loaded dataset |