2023 Form 5500 filing — Teamsters' Industry 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 20241014141211NAL0027522481001) for Teamsters' Industry Welfare Fund, reported by Board Of Trustees - Teamsters' under EIN 25-6035969 and plan number 501. It reports 703 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014141211NAL0027522481001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees - Teamsters'
- EIN
- 25-6035969
- Plan number
- 501
- Location
- Mcmurray, PA
- Participants
- 703
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $55,849,840
- Total liabilities (EOY)
- $143,247
- Net assets (EOY)
- $55,706,593
- Employer contributions
- $9,803,995
- Participant contributions
- $37,129
- Total income / additions
- $12,368,710
- Benefits paid
- $10,078,492
- Administrative expenses
- $432,961
- Total expenses
- $10,511,453
- Net increase / (decrease)
- $1,857,257
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Benefit Fund Service Company | NONE | $206,078 | not reported in the loaded dataset |
| Pnc Investment Advisors | NONE | $73,463 | $0 |
| The Segal Group, Inc | NONE | $40,333 | not reported in the loaded dataset |
| Grossman Yanak & Ford Llp | NONE | $30,893 | not reported in the loaded dataset |
| Pnc Bank, N.A. | NONE | $16,291 | not reported in the loaded dataset |
| Meyer Unkovic & Scott Llp | NONE | $14,092 | not reported in the loaded dataset |
| Freedom Resources | NONE | $5,035 | not reported in the loaded dataset |