2023 Form 5500 filing — Local 351 Ibew 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 20241011104919NAL0038481488002) for Local 351 Ibew Welfare Fund, reported by Loc. 351 Ibew Health & Welfare Fund under EIN 22-3235800 and plan number 501. It reports 2,438 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011104919NAL0038481488002
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Loc. 351 Ibew Health & Welfare Fund
- EIN
- 22-3235800
- Plan number
- 501
- Location
- West Trenton, NJ
- Participants
- 2,438
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $23,491,507
- Total liabilities (EOY)
- $7,921,052
- Net assets (EOY)
- $15,570,455
- Employer contributions
- $33,571,779
- Participant contributions
- $723,449
- Total income / additions
- $37,363,488
- Benefits paid
- $37,617,300
- Administrative expenses
- $839,124
- Total expenses
- $38,456,424
- Net increase / (decrease)
- -$1,092,936
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Horizon Healthcare Services, Inc | NONE | $1,022,937 | not reported in the loaded dataset |
| I.E. Shaffer & Co. | NONE | $688,885 | not reported in the loaded dataset |
| Envision Rx Options | NONE | $312,070 | not reported in the loaded dataset |
| Princeton Healthcare System Eap | NONE | $69,387 | not reported in the loaded dataset |
| O'Brien Belland & Bushinsky | NONE | $38,256 | not reported in the loaded dataset |
| Prudential Retirement Ins. Company | NONE | $30,091 | not reported in the loaded dataset |
| Gerson & Assoc Cpas And Advisors Pc | NONE | $25,000 | not reported in the loaded dataset |
| Milliman Inc. | NONE | $19,158 | not reported in the loaded dataset |
| Mspc Certified Public Accountants | NONE | $12,237 | not reported in the loaded dataset |