2023 Form 5500 filing — Local 338 Benefits 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 20241015131852NAL0029761553003) for Local 338 Benefits Fund, reported by Board Of Trustees Local 338 Benefits Fund under EIN 13-6313146 and plan number 502. It reports 6,663 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015131852NAL0029761553003
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees Local 338 Benefits Fund
- EIN
- 13-6313146
- Plan number
- 502
- Location
- Mineola, NY
- Participants
- 6,663
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,503,811
- Total liabilities (EOY)
- $542,159
- Net assets (EOY)
- $7,961,652
- Employer contributions
- $1,837,189
- Participant contributions
- $9,131
- Total income / additions
- $2,732,483
- Benefits paid
- $2,484,274
- Administrative expenses
- $1,175,596
- Total expenses
- $3,659,870
- Net increase / (decrease)
- -$927,387
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Local 338 Health & Welfare Fund | AFFILIATED BENEFIT FUND | $393,000 | not reported in the loaded dataset |
| Rwdsu/Ufcw Local 338 | AFFILIATED LABOR UNION | $384,000 | not reported in the loaded dataset |
| Friedman & Anspach | NONE | $249,790 | not reported in the loaded dataset |
| Dds Services, Inc. | NONE | $194,577 | not reported in the loaded dataset |
| Employee B | EMPLOYEE | $96,270 | not reported in the loaded dataset |
| Fusco, Branstein & Rada | NONE | $90,521 | not reported in the loaded dataset |
| Employee A | EMPLOYEE | $41,238 | not reported in the loaded dataset |
| Health Plan Systems | NONE | $39,966 | not reported in the loaded dataset |
| Employee C | EMPLOYEE | $39,109 | not reported in the loaded dataset |
| Novak Francella, LLC | NONE | $37,500 | not reported in the loaded dataset |
| Employee D | EMPLOYEE | $27,968 | not reported in the loaded dataset |
| Alvin Blyer, Esq. | NONE | $10,964 | not reported in the loaded dataset |
| Reynolds Consulting Services | NONE | $10,500 | not reported in the loaded dataset |
| Lucent Consulting | NONE | $7,200 | not reported in the loaded dataset |
| Summit Actuarial Services, LLC | NONE | $7,000 | not reported in the loaded dataset |