2023 Form 5500 filing — Teamsters Welfare Fund Of Northern New Jersey Local 723
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 20241010163008NAL0010263091003) for Teamsters Welfare Fund Of Northern New Jersey Local 723, reported by Teamsters Welfare Fund Of Northern New Jersey Local 723 under EIN 22-1736275 and plan number 501. It reports 522 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010163008NAL0010263091003
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Teamsters Welfare Fund Of Northern New Jersey Local 723
- EIN
- 22-1736275
- Plan number
- 501
- Location
- Union, NJ
- Participants
- 522
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $36,658,131
- Total liabilities (EOY)
- $842,741
- Net assets (EOY)
- $35,815,390
- Employer contributions
- $6,569,672
- Participant contributions
- $11,738
- Total income / additions
- $11,969,558
- Benefits paid
- $3,499,336
- Administrative expenses
- $1,189,532
- Total expenses
- $4,688,868
- Net increase / (decrease)
- $7,280,690
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Insurance Design Administrators | NONE | $613,057 | $0 |
| Specialized Pharmacy Solutions | NONE | $339,402 | not reported in the loaded dataset |
| Delta Dental Of New Jersey, LLC | NONE | $311,563 | not reported in the loaded dataset |
| Robin Modzelewski | EMPLOYEE | $134,553 | not reported in the loaded dataset |
| Comerica Bank | NONE | $122,156 | not reported in the loaded dataset |
| First State Trust Company | NONE | $105,659 | not reported in the loaded dataset |
| Empirx | NONE | $101,934 | not reported in the loaded dataset |
| Maria Garate | EMPLOYEE | $72,154 | not reported in the loaded dataset |
| Rbc Wealth Management | NONE | $62,108 | $0 |
| Baratz & Associates, P.A. | NONE | $50,003 | not reported in the loaded dataset |
| Janney Montgomery Scott | NONE | $49,446 | $0 |
| Specialized Computer Resources Inc | NONE | $24,628 | not reported in the loaded dataset |
| Vanda Neno | EMPLOYEE | $22,560 | not reported in the loaded dataset |
| Summit Acturial Services LLC | NONE | $20,000 | not reported in the loaded dataset |
| Jbm Computer Consultants, Inc. | NONE | $8,998 | not reported in the loaded dataset |
| Mets Shiro & Mcgovern | NONE | $6,242 | not reported in the loaded dataset |
| Payer Matrix | NONE | $3,801 | not reported in the loaded dataset |