Ibew Local 25 Health & Benefit Fund — Form 5500 plan (Board Of Trustees Of The Ibew Local 25 Health & Benefit Fund)
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, Ibew Local 25 Health & Benefit Fund is a benefit plan reported by Board Of Trustees Of The Ibew Local 25 Health & Benefit Fund under EIN 11-1630810 and plan number 501. The latest loaded filing year is 2023. The filing reports 2,531 participants and $76,826,024 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Board Of Trustees Of The Ibew Local 25 Health & Benefit Fund
- EIN
- 11-1630810
- Plan number
- 501
- Plan type
- 1
- Location
- Hauppauge, NY
- Latest filing year
- 2023
- Participants
- 2,531
- End-of-year plan assets
- $76,826,024
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,531 | H, C | 20240731163438NAL0012901315001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $76,826,024
- Total liabilities (EOY)
- $6,836,528
- Net assets (EOY)
- $69,989,496
- Net assets (BOY)
- $65,227,927
Income & contributions
- Employer contributions
- $42,850,976
- Participant contributions
- $3,224,157
- Total contributions
- $46,075,133
- Total income / additions
- $50,400,448
Expenses & distributions
- Benefits paid
- $44,272,551
- Administrative expenses
- $1,366,328
- Total expenses
- $45,638,879
- Net increase / (decrease)
- $4,761,569
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Magnacare Administrative Srvcs LLC | NONE | $1,384,335 | $0 | 2023 |
| Express Scripts, Inc | NONE | $576,714 | not reported in the loaded dataset | 2023 |
| Labor First, LLC | NONE | $255,460 | not reported in the loaded dataset | 2023 |
| Cbiz Retirement Plan Services | NONE | $164,995 | not reported in the loaded dataset | 2023 |
| Bank Of New York Mellon | NONE | $92,300 | $0 | 2023 |
| Schultheis & Panettieri, Llp | NONE | $58,725 | not reported in the loaded dataset | 2023 |
| Archer, Byington, Glennon & Levine | NONE | $53,040 | not reported in the loaded dataset | 2023 |
| National Investment Services | NONE | $28,715 | not reported in the loaded dataset | 2023 |
| Loomis Sayles Trust Company | NONE | $20,894 | not reported in the loaded dataset | 2023 |
| Berard & Associates, Cpa'S Pc | NONE | $6,100 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Board Of Trustees Of The Ibew Local 25 Health & Benefit Fund
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Hauppauge, NY
- Magnacare Administrative Srvcs LLC — Schedule C compensation
- Express Scripts, Inc — Schedule C compensation
- Labor First, LLC — Schedule C compensation
- Cbiz Retirement Plan Services — Schedule C compensation
- Bank Of New York Mellon — Schedule C compensation
- Schultheis & Panettieri, Llp — Schedule C compensation
- Archer, Byington, Glennon & Levine — Schedule C compensation
- National Investment Services — Schedule C compensation
- Loomis Sayles Trust Company — Schedule C compensation
- Berard & Associates, Cpa'S Pc — Schedule C compensation