Teamsters Local 671a Health Service & Insurance Plan — Form 5500 plan (Board Of Trustees Teamsters Local 671a Health Service & Insurance Plan)

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, Teamsters Local 671a Health Service & Insurance Plan is a benefit plan reported by Board Of Trustees Teamsters Local 671a Health Service & Insurance Plan under EIN 06-0942914 and plan number 501. The latest loaded filing year is 2023. The filing reports 1,171 participants and $44,216,127 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Board Of Trustees Teamsters Local 671a Health Service & Insurance Plan
EIN
06-0942914
Plan number
501
Plan type
1
Location
Bloomfield, CT
Latest filing year
2023
Participants
1,171
End-of-year plan assets
$44,216,127

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,171H, C20250414133555NAL0001738673001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$44,216,127
Total liabilities (EOY)
$1,232,672
Net assets (EOY)
$42,983,455
Net assets (BOY)
$38,219,041

Income & contributions

Employer contributions
$8,977,785
Participant contributions
$117,277
Total contributions
$9,095,062
Total income / additions
$14,179,180

Expenses & distributions

Benefits paid
$9,038,956
Administrative expenses
$700,778
Total expenses
$9,739,734
Net increase / (decrease)
$4,439,446

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Tri State Joint FundAFFILIATED ORGANIZATION$249,795not reported in the loaded dataset2023
Anthem Blue Cross Blue ShieldNONE$157,898$02023
Claims ProcessorEMPLOYEE$66,929not reported in the loaded dataset2023
Morgan StanleyNONE$40,646$02023
Fund ManagerEMPLOYEE$31,633not reported in the loaded dataset2023
Claims ProcessorEMPLOYEE$31,633not reported in the loaded dataset2023
Valenz HealthNONE$26,847not reported in the loaded dataset2023
Uprise HealthNONE$16,590not reported in the loaded dataset2023
Mpl LLCNONE$0$14,5242023
Massucci & AssociatesNONE$12,000not reported in the loaded dataset2023
Allegiant RxNONE$10,537not reported in the loaded dataset2023
Optum RxNONE$6,497$3,1962023
Boyd Watterson Asset MgmtNONE$7,506not reported in the loaded dataset2023
Arthur BellUNION TRUSTEE$5,269not reported in the loaded dataset2023

Related Form 5500 pages