2023 Form 5500 filing — Northwest Insulation Workers 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 20250415194506NAL0003874785001) for Northwest Insulation Workers Welfare Trust, reported by Board Of Trustees, Nw Insulation Welfare Trust under EIN 91-6035786 and plan number 501. It reports 561 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250415194506NAL0003874785001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees, Nw Insulation Welfare Trust
- EIN
- 91-6035786
- Plan number
- 501
- Location
- Seattle, WA
- Participants
- 561
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $30,798,605
- Total liabilities (EOY)
- $2,820,581
- Net assets (EOY)
- $27,978,024
- Employer contributions
- $7,848,610
- Participant contributions
- $298,984
- Total income / additions
- $10,491,036
- Benefits paid
- $8,284,551
- Administrative expenses
- $784,675
- Total expenses
- $9,069,226
- Net increase / (decrease)
- $1,421,810
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Welfare & Pension Admin. Services | THIRD PARTY ADMINISTRATOR | $329,696 | not reported in the loaded dataset |
| Aetna | CLAIMS ADMINISTRATOR | $192,275 | not reported in the loaded dataset |
| Washington Capital Management, Inc. | INVESTMENT MANAGER | $59,289 | not reported in the loaded dataset |
| Propel Insurance | CONSULTANT | $44,304 | $0 |
| Barlow Coughran Morales & Josephson | LEGAL COUNSEL | $25,078 | not reported in the loaded dataset |
| Platform, Cpas, Llp | AUDITORS | $15,076 | not reported in the loaded dataset |
| Us Bank | INVESTMENT CUSTODIAN | $14,156 | not reported in the loaded dataset |
| Health Care Cost Management Corp | PPO COST MANAGEMENT | $13,337 | not reported in the loaded dataset |
| Alaffia Technology Solutions Inc. | CLAIMS PROCESSING | $13,133 | not reported in the loaded dataset |
| Vsp | VISION CLAIMS PROCESSING | $6,203 | not reported in the loaded dataset |
| Healthcare Actuaries LLC | ACTUARY | $3,750 | not reported in the loaded dataset |