2023 Form 5500 filing — Mid-Jersey Trucking Industry And Teamsters Local 701 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 20250314104200NAL0044173890002) for Mid-Jersey Trucking Industry And Teamsters Local 701 Welfare Fund, reported by Mid-Jersey Trucking Industry And Teamsters Local 701 Welfare Fund under EIN 22-1594458 and plan number 501. It reports 276 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250314104200NAL0044173890002
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Mid-Jersey Trucking Industry And Teamsters Local 701 Welfare Fund
- EIN
- 22-1594458
- Plan number
- 501
- Location
- North Brunswick, NJ
- Participants
- 276
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,826,063
- Total liabilities (EOY)
- $876,949
- Net assets (EOY)
- $8,949,114
- Employer contributions
- $5,829,015
- Participant contributions
- $55,466
- Total income / additions
- $6,844,140
- Benefits paid
- $5,579,060
- Administrative expenses
- $753,676
- Total expenses
- $6,332,736
- Net increase / (decrease)
- $511,404
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Aetna | NONE | $115,879 | not reported in the loaded dataset |
| Paul A. Montalbano, Esq., LLC | ATTORNEY FOR LOCAL 701 | $96,814 | not reported in the loaded dataset |
| Giancarlo Prezioso | EMPLOYEE | $78,562 | not reported in the loaded dataset |
| Kathryn M Manzi | EMPLOYEE | $47,961 | not reported in the loaded dataset |
| Accrisure Dba Union Benefit Planner | NONE | $22,458 | $13,000 |
| Robert Mcmahon | EMPLOYEE | $34,293 | not reported in the loaded dataset |
| Mspc | ACCOUNTANT FOR LOCAL 701 | $25,674 | not reported in the loaded dataset |
| Bridgeway Benefit Technologies | NONE | $23,301 | not reported in the loaded dataset |
| Express Scripts Inc | NONE | $15,364 | not reported in the loaded dataset |
| Lifetime Benefit Solutions, Inc. | NONE | $13,853 | not reported in the loaded dataset |
| Lamar Beinhower | TRUSTEE | $12,000 | not reported in the loaded dataset |
| Ernest Soehl | TRUSTEE | $12,000 | not reported in the loaded dataset |
| Kevin J. Dembinski, Dmd | NONE | $11,570 | not reported in the loaded dataset |
| Cbiz Savitz | NONE | $11,546 | not reported in the loaded dataset |
| Phoenix Benefits Managment | NONE | $11,255 | not reported in the loaded dataset |
| Nepc, LLC | NONE | $5,993 | not reported in the loaded dataset |