Western New York Teamsters Welfare Fund — Form 5500 plan (International Brotherhood Of Teamsters Local 264)
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, Western New York Teamsters Welfare Fund is a benefit plan reported by International Brotherhood Of Teamsters Local 264 under EIN 16-0492678 and plan number 502. The latest loaded filing year is 2023. The filing reports 1,227 participants and $982,244 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- International Brotherhood Of Teamsters Local 264
- EIN
- 16-0492678
- Plan number
- 502
- Plan type
- 1
- Location
- Cheektowaga, NY
- Latest filing year
- 2023
- Participants
- 1,227
- End-of-year plan assets
- $982,244
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,227 | H, C | 20240702160508NAL0003694499004 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $982,244
- Total liabilities (EOY)
- $118,826
- Net assets (EOY)
- $863,418
- Net assets (BOY)
- $979,114
Income & contributions
- Employer contributions
- $986,095
- Participant contributions
- $176,594
- Total contributions
- $1,162,689
- Total income / additions
- $1,236,205
Expenses & distributions
- Benefits paid
- $1,190,374
- Administrative expenses
- $161,527
- Total expenses
- $1,351,901
- Net increase / (decrease)
- -$115,696
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ibt Local 264 | PLAN SPONSOR | $72,642 | not reported in the loaded dataset | 2023 |
| Nova Healthcare Administrators, Inc | NONE | $55,601 | not reported in the loaded dataset | 2023 |
| Arcara Lenda Eusanio & Stacey Cpas | NONE | $14,500 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for International Brotherhood Of Teamsters Local 264
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Cheektowaga, NY
- Ibt Local 264 — Schedule C compensation
- Nova Healthcare Administrators, Inc — Schedule C compensation
- Arcara Lenda Eusanio & Stacey Cpas — Schedule C compensation