Local 522 Welfare Fund Of New York And New Jersey — Form 5500 plan (Board Of Trustees Of Local 522 Welfare Fund Of New York And New Jersey)
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, Local 522 Welfare Fund Of New York And New Jersey is a benefit plan reported by Board Of Trustees Of Local 522 Welfare Fund Of New York And New Jersey under EIN 11-2409162 and plan number 501. The latest loaded filing year is 2023. The filing reports 1,974 participants and $11,196,784 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Board Of Trustees Of Local 522 Welfare Fund Of New York And New Jersey
- EIN
- 11-2409162
- Plan number
- 501
- Plan type
- 1
- Location
- Brooklyn, NY
- Latest filing year
- 2023
- Participants
- 1,974
- End-of-year plan assets
- $11,196,784
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,974 | H, C | 20250428133253NAL0008062371001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,196,784
- Total liabilities (EOY)
- $5,001,000
- Net assets (EOY)
- $6,195,784
- Net assets (BOY)
- $7,987,785
Income & contributions
- Employer contributions
- $28,022,900
- Participant contributions
- $58,205
- Total contributions
- $28,081,105
- Total income / additions
- $29,041,392
Expenses & distributions
- Benefits paid
- $30,047,433
- Administrative expenses
- $785,960
- Total expenses
- $30,833,393
- Net increase / (decrease)
- -$1,792,001
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Aetna Life Insurance Co. | NONE | $1,138,223 | not reported in the loaded dataset | 2023 |
| United Teamster Fund | NONE | $545,091 | not reported in the loaded dataset | 2023 |
| Dj O'Grady Consultant | NONE | $208,796 | not reported in the loaded dataset | 2023 |
| Calibre Cpa Group, Pllc | AUDITOR | $80,884 | not reported in the loaded dataset | 2023 |
| Cary Kane, Pllc | LEGAL COUNSEL | $45,050 | not reported in the loaded dataset | 2023 |
| Healthplex, Inc. | NONE | $38,243 | not reported in the loaded dataset | 2023 |
| United Healthcare Insurance Co. | NONE | $35,934 | not reported in the loaded dataset | 2023 |
| First Actuarial Consulting, Inc. | NONE | $24,000 | not reported in the loaded dataset | 2023 |
| Optum, Rx Inc. | NONE | $0 | $20,465 | 2023 |
| Bridgeway Benefit Technologies | NONE | $17,659 | not reported in the loaded dataset | 2023 |
| Eagle Capital Management | NONE | $10,726 | $0 | 2023 |
| Morgan Stanley Smith Barney LLC | NONE | $10,000 | not reported in the loaded dataset | 2023 |
| Principal Custody Solutions | NONE | $3,079 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Board Of Trustees Of Local 522 Welfare Fund Of New York And New Jersey
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Brooklyn, NY
- Aetna Life Insurance Co. — Schedule C compensation
- United Teamster Fund — Schedule C compensation
- Dj O'Grady Consultant — Schedule C compensation
- Calibre Cpa Group, Pllc — Schedule C compensation
- Cary Kane, Pllc — Schedule C compensation
- Healthplex, Inc. — Schedule C compensation
- United Healthcare Insurance Co. — Schedule C compensation
- First Actuarial Consulting, Inc. — Schedule C compensation
- Optum, Rx Inc. — Schedule C compensation
- Bridgeway Benefit Technologies — Schedule C compensation
- Eagle Capital Management — Schedule C compensation
- Morgan Stanley Smith Barney LLC — Schedule C compensation
- Principal Custody Solutions — Schedule C compensation