Seafarers Officers And Employees Welfare Plan — Form 5500 plan (Board Of Trustees Of Seafarers Officers And Employees Welfare 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, Seafarers Officers And Employees Welfare Plan is a benefit plan reported by Board Of Trustees Of Seafarers Officers And Employees Welfare Plan under EIN 11-2571578 and plan number 501. The latest loaded filing year is 2023. The filing reports 548 participants and $12,130,815 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Board Of Trustees Of Seafarers Officers And Employees Welfare Plan
- EIN
- 11-2571578
- Plan number
- 501
- Plan type
- 1
- Location
- Camp Springs, MD
- Latest filing year
- 2023
- Participants
- 548
- End-of-year plan assets
- $12,130,815
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 548 | H, C | 20241013163005NAL0024931169001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,130,815
- Total liabilities (EOY)
- $1,361,634
- Net assets (EOY)
- $10,769,181
- Net assets (BOY)
- $8,865,356
Income & contributions
- Employer contributions
- $8,776,958
- Total contributions
- $8,776,958
- Total income / additions
- $12,378,781
Expenses & distributions
- Benefits paid
- $10,292,821
- Administrative expenses
- $182,135
- Total expenses
- $10,474,956
- Net increase / (decrease)
- $1,903,825
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Optumrx, Inc. | PHARMACY BENEFIT MANAGEME | $1,585,447 | $0 | 2023 |
| Amwins Group Benefits | not reported in the loaded dataset | $1,295,705 | not reported in the loaded dataset | 2023 |
| Cigna Health And Life Insurance Co | not reported in the loaded dataset | $599,541 | $0 | 2023 |
| Buchbinder Tunick & Co Llp | not reported in the loaded dataset | $24,000 | not reported in the loaded dataset | 2023 |
| Seafarers Vacation Fund | not reported in the loaded dataset | $17,899 | not reported in the loaded dataset | 2023 |
| Basil Castrovinci Associates Inc | not reported in the loaded dataset | $8,280 | not reported in the loaded dataset | 2023 |
| Evernorth Behavioral | not reported in the loaded dataset | $7,404 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Board Of Trustees Of Seafarers Officers And Employees Welfare Plan
- 2023 Form 5500 filing
- Form 5500 filings in MD
- 401(k) and benefit plan filings in Camp Springs, MD
- Optumrx, Inc. — Schedule C compensation
- Amwins Group Benefits — Schedule C compensation
- Cigna Health And Life Insurance Co — Schedule C compensation
- Buchbinder Tunick & Co Llp — Schedule C compensation
- Seafarers Vacation Fund — Schedule C compensation
- Basil Castrovinci Associates Inc — Schedule C compensation
- Evernorth Behavioral — Schedule C compensation