2023 Form 5500 filing — Local Union 903 I.B.E.W. Health And Welfare Plan
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 20250915141746NAL0001198993001) for Local Union 903 I.B.E.W. Health And Welfare Plan, reported by Local Union 903 Ibew Health & Welfare Plan under EIN 64-6034436 and plan number 501. It reports 239 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250915141746NAL0001198993001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Local Union 903 Ibew Health & Welfare Plan
- EIN
- 64-6034436
- Plan number
- 501
- Location
- Mobile, AL
- Participants
- 239
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,795,580
- Total liabilities (EOY)
- $474,198
- Net assets (EOY)
- $4,321,382
- Employer contributions
- $4,789,730
- Participant contributions
- $45,786
- Total income / additions
- $5,009,842
- Benefits paid
- $4,445,889
- Administrative expenses
- $115,424
- Total expenses
- $4,561,313
- Net increase / (decrease)
- $448,529
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Optumrx Inc | PHARMACY BENEFIT MGMT | $2,059,145 | $4,417 |
| Umr Inc | CLAIMS PROCESSING | $214,451 | $1,547 |
| Gulf States Consultants & Adm Inc | ADMINISTRATOR | $70,800 | not reported in the loaded dataset |
| Cri Advisors, LLC | AUDITOR | $13,090 | not reported in the loaded dataset |
| Southern Actuarial Services Company | ACTUARY | $5,000 | not reported in the loaded dataset |