Local No. 863 Welfare Plan — Form 5500 plan (Local No. 863 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, Local No. 863 Welfare Plan is a benefit plan reported by Local No. 863 Welfare Plan under EIN 22-1478216 and plan number 501. The latest loaded filing year is 2023. The filing reports 2,903 participants and $26,780,321 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Local No. 863 Welfare Plan
EIN
22-1478216
Plan number
501
Plan type
1
Location
Mountainside, NJ
Latest filing year
2023
Participants
2,903
End-of-year plan assets
$26,780,321

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,903H, C20250115144536NAL0012790659001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$26,780,321
Total liabilities (EOY)
$2,381,964
Net assets (EOY)
$24,398,357
Net assets (BOY)
$22,956,810

Income & contributions

Employer contributions
$45,898,540
Participant contributions
$102,668
Total contributions
$46,001,208
Total income / additions
$50,045,481

Expenses & distributions

Benefits paid
$44,251,140
Administrative expenses
$4,352,794
Total expenses
$48,603,934
Net increase / (decrease)
$1,441,547

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Kathryn ZizzaEMPLOYEE$150,540not reported in the loaded dataset2023
Health Care AdminADMIN.$141,536not reported in the loaded dataset2023
Kenneth Nowak, Esq.ATTORNEY$126,000$02023
Bederson LlpAUDITOR$90,795not reported in the loaded dataset2023
Statewide Health Data SystemsCOMPUTER SERVICE$87,044not reported in the loaded dataset2023
The Segal CompanyACTUARY$81,015not reported in the loaded dataset2023
Anna RomanoEMPLOYEE$70,020not reported in the loaded dataset2023
Rosa VigarioEMPLOYEE$68,720not reported in the loaded dataset2023
Anna PannellaEMPLOYEE$64,560not reported in the loaded dataset2023
Donna CladerEMPLOYEE$63,520not reported in the loaded dataset2023
Janney Montgomery Scott LLCINVESTMENT ADVISER$62,189$02023
Lori DibenedettoEMPLOYEE$20,072not reported in the loaded dataset2023
Zazzali Et AlATTORNEY$19,200not reported in the loaded dataset2023

Related Form 5500 pages