2023 Form 5500 filing — Ibew Local 595 Health & Welfare Trust
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 20241108132505NAL0006757283001) for Ibew Local 595 Health & Welfare Trust, reported by Board Of Trustees, Ibew Local 595 Health & Welfare under EIN 94-6085740 and plan number 501. It reports 2,078 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241108132505NAL0006757283001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees, Ibew Local 595 Health & Welfare
- EIN
- 94-6085740
- Plan number
- 501
- Location
- Pleasanton, CA
- Participants
- 2,078
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $76,744,313
- Total liabilities (EOY)
- $16,263,143
- Net assets (EOY)
- $60,481,170
- Employer contributions
- $42,190,057
- Participant contributions
- $2,232,291
- Total income / additions
- $46,705,338
- Benefits paid
- $41,253,574
- Administrative expenses
- $1,654,817
- Total expenses
- $42,908,391
- Net increase / (decrease)
- $3,796,947
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Optumrx, Inc | NONE | $1,920,517 | $3,848 |
| Benesys, Inc. | NONE | $1,038,625 | not reported in the loaded dataset |
| Electrical Industry Service Corp. | RELATED ORGANIZATION | $157,657 | not reported in the loaded dataset |
| Baysport Inc | NONE | $156,871 | not reported in the loaded dataset |
| Wedge Capital Management | NONE | $95,317 | not reported in the loaded dataset |
| Rael & Letson | NONE | $73,200 | not reported in the loaded dataset |
| Lifeworks | NONE | $71,740 | not reported in the loaded dataset |
| Chartwell Investment Partners, LLC | NONE | $60,042 | not reported in the loaded dataset |
| Miller Kaplan Arase Llp | NONE | $54,940 | not reported in the loaded dataset |
| Anthem Blue Cross | NONE | $36,862 | not reported in the loaded dataset |
| Smartsource | NONE | $27,102 | not reported in the loaded dataset |
| San Joaquin & Calaveras Cty Jatc | NONE | $25,815 | not reported in the loaded dataset |
| Leonard Carder, Llp | NONE | $17,156 | not reported in the loaded dataset |
| Investment Performance Services LLC | NONE | $13,500 | not reported in the loaded dataset |
| Amalgamated Bank | NONE | $6,583 | not reported in the loaded dataset |