2023 Form 5500 filing — Teamsters Local 641 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 20241213171805NAL0021168384001) for Teamsters Local 641 Welfare Fund, reported by Board Of Trustees Teamsters Local 641 Welfare Fund under EIN 22-6220289 and plan number 501. It reports 540 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241213171805NAL0021168384001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees Teamsters Local 641 Welfare Fund
- EIN
- 22-6220289
- Plan number
- 501
- Location
- Union, NJ
- Participants
- 540
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $29,712,444
- Total liabilities (EOY)
- $1,616,259
- Net assets (EOY)
- $28,096,185
- Employer contributions
- $4,961,122
- Participant contributions
- $616,858
- Total income / additions
- $7,845,955
- Benefits paid
- $8,653,535
- Administrative expenses
- $1,128,053
- Total expenses
- $9,781,588
- Net increase / (decrease)
- -$1,935,633
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Horizon Healthcare Services | NONE | $192,648 | $0 |
| Emprix Health | NONE | $82,473 | not reported in the loaded dataset |
| Diane Florian | EMPLOYEE | $68,682 | not reported in the loaded dataset |
| Payer Matrix LLC | NONE | $0 | $65,638 |
| Bridgeway Benefit Technology | NONE | $65,558 | not reported in the loaded dataset |
| Kroll Heineman Ptasiewicz & Parsons | ATTY FOR LOCAL 641 | $60,000 | not reported in the loaded dataset |
| Alice Ryan | EMPLOYEE | $55,089 | not reported in the loaded dataset |
| Vanda Neno | EMPLOYEE | $46,838 | not reported in the loaded dataset |
| Amalgamated Bank Of Chicago | NONE | $35,268 | not reported in the loaded dataset |
| American Realty | NONE | $32,206 | not reported in the loaded dataset |
| Summit Actuarial Services, LLC | NONE | $32,000 | not reported in the loaded dataset |
| Investment Performance Services LLC | NONE | $30,000 | $0 |
| Mspc | ACCT FOR LOCAL 641 | $27,039 | not reported in the loaded dataset |
| Wedge Capital Management | NONE | $22,521 | not reported in the loaded dataset |
| Delta Dental Of Nj | NONE | $19,455 | not reported in the loaded dataset |
| Liverman Commercial | NONE | $19,117 | not reported in the loaded dataset |
| Gellert Seitz Busenkell & Brown LLC | NONE | $15,136 | not reported in the loaded dataset |
| Teamsters Center Services | NONE | $11,262 | not reported in the loaded dataset |
| Landscape Solutions | NONE | $8,256 | not reported in the loaded dataset |
| Specialized Computer Resources Inc | NONE | $8,253 | not reported in the loaded dataset |
| Great Lakes | NONE | $7,190 | not reported in the loaded dataset |
| Express Scripts | NONE | $7,164 | not reported in the loaded dataset |
| Fair Health Inc. | NONE | $7,117 | not reported in the loaded dataset |
| Johnson Controls | NONE | $6,751 | not reported in the loaded dataset |
| Perfect Temp Services | NONE | $5,096 | not reported in the loaded dataset |
| U.S. Bank National Association | NONE | $1,383 | $0 |