2023 Form 5500 filing — Operating Engineers' Local No. 428 Health And Welfare Trust 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 20250714190354NAL0001087923001) for Operating Engineers' Local No. 428 Health And Welfare Trust Fund, reported by Operating Engineers' Local No. 428 Health And Welfare Trust Fund under EIN 86-6025730 and plan number 501. It reports 1,558 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250714190354NAL0001087923001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Operating Engineers' Local No. 428 Health And Welfare Trust Fund
- EIN
- 86-6025730
- Plan number
- 501
- Location
- Phoenix, AZ
- Participants
- 1,558
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $62,647,528
- Total liabilities (EOY)
- $13,002,849
- Net assets (EOY)
- $49,644,679
- Employer contributions
- $23,914,476
- Participant contributions
- $70,448
- Total income / additions
- $33,306,893
- Benefits paid
- $18,644,211
- Administrative expenses
- $1,551,652
- Total expenses
- $20,195,863
- Net increase / (decrease)
- $13,111,030
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Blue Cross Blue Shield | NONE OTHER THAN CONTRACT | $863,030 | not reported in the loaded dataset |
| Southwest Service Administrators | NONE OTHER THAN CONTRACT | $290,631 | not reported in the loaded dataset |
| The Segal Company | NONE OTHER THAN CONTRACT | $106,412 | not reported in the loaded dataset |
| Delta Dental | NONE OTHER THAN CONTRACT | $76,915 | not reported in the loaded dataset |
| Spencer Fane | NONE OTHER THAN CONTRACT | $37,855 | not reported in the loaded dataset |
| Lsv Asset Management | NONE OTHER THAN CONTRACT | $34,900 | not reported in the loaded dataset |
| Verus | NONE OTHER THAN CONTRACT | $33,480 | not reported in the loaded dataset |
| Segal Select Insurance Brokerage | NONE OTHER THAN CONTRACT | $22,690 | not reported in the loaded dataset |
| Baldwin Moffitt Behm Llp | NONE OTHER THAN CONTRACT | $17,623 | not reported in the loaded dataset |
| Letterstream | NONE OTHER THAN CONTRACT | $12,538 | not reported in the loaded dataset |