2023 Form 5500 filing — Bac Of Michigan Health And 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 20250218134506NAL0003252145001) for Bac Of Michigan Health And Welfare Fund, reported by Board Of Trustees, Bac Of Michigan Welfare Fund under EIN 38-2073681 and plan number 501. It reports 2,025 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250218134506NAL0003252145001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees, Bac Of Michigan Welfare Fund
- EIN
- 38-2073681
- Plan number
- 501
- Location
- Troy, MI
- Participants
- 2,025
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $24,895,566
- Total liabilities (EOY)
- $9,583,409
- Net assets (EOY)
- $15,312,157
- Employer contributions
- $24,942,530
- Participant contributions
- $1,958,103
- Total income / additions
- $28,209,281
- Benefits paid
- $23,934,546
- Administrative expenses
- $2,040,182
- Total expenses
- $25,974,728
- Net increase / (decrease)
- $2,234,553
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Blue Cross Blue Shield Of Michigan | NONE | $819,914 | $0 |
| Benesys Inc | NONE | $245,105 | not reported in the loaded dataset |
| Novara Tesija Pllc | NONE | $176,413 | not reported in the loaded dataset |
| Laura Scott | NONE | $75,903 | not reported in the loaded dataset |
| Call A Doctor | NONE | $71,492 | not reported in the loaded dataset |
| Heather Liggett | NONE | $63,528 | not reported in the loaded dataset |
| Brenda O'Malley | NONE | $62,753 | not reported in the loaded dataset |
| Stacey Lovelace | NONE | $59,381 | not reported in the loaded dataset |
| Christina Blankenship | NONE | $57,788 | not reported in the loaded dataset |
| Rowla Yousif | NONE | $54,942 | not reported in the loaded dataset |
| Jocelyn Phillips | NONE | $52,934 | not reported in the loaded dataset |
| Salus Group | NONE | $48,996 | not reported in the loaded dataset |
| Stefansky, Holloway, Nichols, Inc | NONE | $43,085 | not reported in the loaded dataset |
| Quadient Finance | NONE | $43,085 | not reported in the loaded dataset |
| Benda, Grace, Stulz & Company Pc | NONE | $27,200 | not reported in the loaded dataset |
| American Graphics | NONE | $20,919 | not reported in the loaded dataset |
| Watkins, Pawlich, Calati & Prifti | NONE | $12,029 | not reported in the loaded dataset |
| Morgan Stanley | NONE | $10,000 | not reported in the loaded dataset |