2023 Form 5500 filing — Teamsters Joint Council No. 53 Retiree Health & 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 20250415091433NAL0005536032001) for Teamsters Joint Council No. 53 Retiree Health & Welfare Fund, reported by Teamsters Jt Co No. 53 Retiree Health & Welfare Fund under EIN 23-2530237 and plan number 501. It reports 525 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250415091433NAL0005536032001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Teamsters Jt Co No. 53 Retiree Health & Welfare Fund
- EIN
- 23-2530237
- Plan number
- 501
- Location
- Pennsauken, NJ
- Participants
- 525
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,483,510
- Total liabilities (EOY)
- $443,998
- Net assets (EOY)
- $7,039,512
- Employer contributions
- $1,533,054
- Participant contributions
- $558,406
- Total income / additions
- $2,820,417
- Benefits paid
- $2,260,652
- Administrative expenses
- $118,682
- Total expenses
- $2,379,334
- Net increase / (decrease)
- $441,083
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Capital Rx, Inc. | NONE | $76,376 | not reported in the loaded dataset |
| Administrative Service Professional | NONE | $66,900 | not reported in the loaded dataset |
| The Mckeogh Company | NONE | $16,125 | not reported in the loaded dataset |
| Novak Francella, LLC | NONE | $12,000 | not reported in the loaded dataset |
| Rbc Wealth Management/Courtney Inv. | NONE | $6,613 | not reported in the loaded dataset |