Bac Local #5, New York Welfare Fund — Form 5500 plan (Bac Local #5, New York Welfare 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, Bac Local #5, New York Welfare Fund is a benefit plan reported by Bac Local #5, New York Welfare Fund under EIN 14-6022899 and plan number 501. The latest loaded filing year is 2023. The filing reports 146 participants and $10,224,058 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bac Local #5, New York Welfare Fund
- EIN
- 14-6022899
- Plan number
- 501
- Plan type
- 1
- Location
- Rego Park, NY
- Latest filing year
- 2023
- Participants
- 146
- End-of-year plan assets
- $10,224,058
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 146 | H, C | 20241010163036NAL0010263619002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,224,058
- Total liabilities (EOY)
- $2,032,959
- Net assets (EOY)
- $8,191,099
- Net assets (BOY)
- $7,969,391
Income & contributions
- Employer contributions
- $2,180,385
- Participant contributions
- $298,329
- Total contributions
- $2,478,714
- Total income / additions
- $3,588,786
Expenses & distributions
- Benefits paid
- $3,020,455
- Administrative expenses
- $346,623
- Total expenses
- $3,367,078
- Net increase / (decrease)
- $221,708
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mvp Health Care | NONE | $104,706 | not reported in the loaded dataset | 2023 |
| Milliman, Inc | NONE | $52,500 | not reported in the loaded dataset | 2023 |
| Pension And Annuity Plan Of Brickla | NONE | $42,979 | not reported in the loaded dataset | 2023 |
| Teal, Becker, & Chiaramonte Cpas Pc | NONE | $39,250 | not reported in the loaded dataset | 2023 |
| Merrill Lynch, Pierce, Fenner & Sm | NONE | $17,308 | $0 | 2023 |
| The Segal Company (Eastern States), | NONE | $16,400 | not reported in the loaded dataset | 2023 |
| Pimco | NONE | $13,474 | not reported in the loaded dataset | 2023 |
| Barnes, Iaccarino & Shepherd, Llp | NONE | $9,380 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Bac Local #5, New York Welfare Fund
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Rego Park, NY
- Mvp Health Care — Schedule C compensation
- Milliman, Inc — Schedule C compensation
- Pension And Annuity Plan Of Brickla — Schedule C compensation
- Teal, Becker, & Chiaramonte Cpas Pc — Schedule C compensation
- Merrill Lynch, Pierce, Fenner & Sm — Schedule C compensation
- The Segal Company (Eastern States), — Schedule C compensation
- Pimco — Schedule C compensation
- Barnes, Iaccarino & Shepherd, Llp — Schedule C compensation