Wayne J. Griffin Electric, Inc. Welfare Benefit Plan — Form 5500 plan (Wayne J. Griffin Electric, Inc.)

Plain-English plan 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, Wayne J. Griffin Electric, Inc. Welfare Benefit Plan is a benefit plan reported by Wayne J. Griffin Electric, Inc. under EIN 04-2650465 and plan number 501. The latest loaded filing year is 2023. The filing reports 1,333 participants and $2,323,071 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Wayne J. Griffin Electric, Inc.
EIN
04-2650465
Plan number
501
Plan type
2
Location
Holliston, MA
Latest filing year
2023
Participants
1,333
End-of-year plan assets
$2,323,071

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,333H, C20240801093041NAL0050971890001
20231,294H, C20240801093201NAL0015070739001
20231,288H, C20250414074502NAL0001572017001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$4,850,497
Total liabilities (EOY)
$3,403,987
Net assets (EOY)
$1,446,510
Net assets (BOY)
$161,690

Income & contributions

Employer contributions
$14,262,047
Participant contributions
$6,257,438
Total contributions
$20,519,485
Total income / additions
$20,522,009

Expenses & distributions

Benefits paid
$18,424,253
Administrative expenses
$812,936
Total expenses
$19,237,189
Net increase / (decrease)
$1,284,820

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Blue Cross Blue Shield, Inc.CLAIMS PROCESSING$730,872not reported in the loaded dataset2023
Blue Cross Blue Shield, Inc.CLAIMS PROCESSING$673,677not reported in the loaded dataset2023
Blue Cross Blue Shield Of Ma, Inc.CLAIMS PROCESSING$534,692not reported in the loaded dataset2023
Willis Towers Watson Northeast, IncTHIRD PARTY ADMIN$16,262not reported in the loaded dataset2023
Willis Towers Watson Northeast, IncTHIRD PARTY ADMIN$16,127not reported in the loaded dataset2023
Willis Towers Watson Northeast, IncTHIRD PARTY ADMINI$15,347not reported in the loaded dataset2023

Related Form 5500 pages