Pension, Hospitalization & Benefit Plan Of The Electrical Industry - Welfare Account — Form 5500 plan (Bd Of Tr Of The Pension, Hosp & Benefit Pl Of The Elec Ind-Welfare)
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, Pension, Hospitalization & Benefit Plan Of The Electrical Industry - Welfare Account is a benefit plan reported by Bd Of Tr Of The Pension, Hosp & Benefit Pl Of The Elec Ind-Welfare under EIN 13-0891045 and plan number 505. The latest loaded filing year is 2023. The filing reports 25,626 participants and $264,880,255 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bd Of Tr Of The Pension, Hosp & Benefit Pl Of The Elec Ind-Welfare
- EIN
- 13-0891045
- Plan number
- 505
- Plan type
- 1
- Location
- Flushing, NY
- Latest filing year
- 2023
- Participants
- 25,626
- End-of-year plan assets
- $264,880,255
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 25,626 | H, C | 20250714070943NAL0001097600001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $264,880,255
- Total liabilities (EOY)
- $114,885,920
- Net assets (EOY)
- $149,994,335
- Net assets (BOY)
- $159,159,218
Income & contributions
- Employer contributions
- $494,344,756
- Total contributions
- $512,533,290
- Total income / additions
- $524,267,352
Expenses & distributions
- Benefits paid
- $549,241,432
- Administrative expenses
- $35,766,573
- Total expenses
- $585,008,005
- Net increase / (decrease)
- -$60,740,653
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Magnacare | NONE | $17,742,393 | $1,364,505 | 2023 |
| Express Scripts | NONE | $8,951,538 | not reported in the loaded dataset | 2023 |
| Joint Industry Board | PLAN ADMINISTRATOR | $7,628,564 | not reported in the loaded dataset | 2023 |
| Asb Capital Management LLC | NONE | $160,668 | not reported in the loaded dataset | 2023 |
| Cohen Weiss And Simon Llp | NONE | $158,433 | not reported in the loaded dataset | 2023 |
| Milliman Inc | NONE | $143,398 | not reported in the loaded dataset | 2023 |
| H&H Graphic Printing Communications | NONE | $89,773 | not reported in the loaded dataset | 2023 |
| Neuberger Berman Investment Advisor | NONE | $68,725 | not reported in the loaded dataset | 2023 |
| Deutsche Bank | NONE | $58,484 | not reported in the loaded dataset | 2023 |
| Insight North America LLC | NONE | $52,511 | not reported in the loaded dataset | 2023 |
| Sovos Compliance LLC | NONE | $49,497 | not reported in the loaded dataset | 2023 |
| Alliant Insurance Services, Inc. | NONE | $48,948 | not reported in the loaded dataset | 2023 |
| Janette Straker | NONE | $45,600 | not reported in the loaded dataset | 2023 |
| Luce, Schwab, & Kase Inc | NONE | $8,798 | not reported in the loaded dataset | 2023 |
| Amalgamated Bank | NONE | $6,723 | not reported in the loaded dataset | 2023 |
| State Street Bank & Trust Co | NONE | $2,833 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Bd Of Tr Of The Pension, Hosp & Benefit Pl Of The Elec Ind-Welfare
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Flushing, NY
- Magnacare — Schedule C compensation
- Express Scripts — Schedule C compensation
- Joint Industry Board — Schedule C compensation
- Asb Capital Management LLC — Schedule C compensation
- Cohen Weiss And Simon Llp — Schedule C compensation
- Milliman Inc — Schedule C compensation
- H&H Graphic Printing Communications — Schedule C compensation
- Neuberger Berman Investment Advisor — Schedule C compensation
- Deutsche Bank — Schedule C compensation
- Insight North America LLC — Schedule C compensation
- Sovos Compliance LLC — Schedule C compensation
- Alliant Insurance Services, Inc. — Schedule C compensation
- Janette Straker — Schedule C compensation
- Luce, Schwab, & Kase Inc — Schedule C compensation
- Amalgamated Bank — Schedule C compensation
- State Street Bank & Trust Co — Schedule C compensation