Steamfitters Welfare Fund Local Union No 475 — Form 5500 plan (Board Of Trustees Steamfitters Welfare Fund Local 475)

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, Steamfitters Welfare Fund Local Union No 475 is a benefit plan reported by Board Of Trustees Steamfitters Welfare Fund Local 475 under EIN 22-1516999 and plan number 501. The latest loaded filing year is 2023. The filing reports 819 participants and $49,531,176 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Board Of Trustees Steamfitters Welfare Fund Local 475
EIN
22-1516999
Plan number
501
Plan type
1
Location
Warren, NJ
Latest filing year
2023
Participants
819
End-of-year plan assets
$49,531,176

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023819H, C20241014134142NAL0026297089002

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$49,531,176
Total liabilities (EOY)
$1,030,749
Net assets (EOY)
$48,500,427
Net assets (BOY)
$43,199,113

Income & contributions

Employer contributions
$17,338,830
Participant contributions
$926,525
Total contributions
$18,265,355
Total income / additions
$20,218,684

Expenses & distributions

Benefits paid
$14,439,915
Administrative expenses
$477,455
Total expenses
$14,917,370
Net increase / (decrease)
$5,301,314

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Horizon Blue Cross Blue ShieldMEDICAL CLAIMS PROCESSING$439,240not reported in the loaded dataset2023
Labor FirstMEDICAL COVERAGE$249,106not reported in the loaded dataset2023
Kim E. DevizioEMPLOYEE$127,351not reported in the loaded dataset2023
Marta K TirtadjajaEMPLOYEE$85,254not reported in the loaded dataset2023
Lorrie RamseyEMPLOYEE$73,957not reported in the loaded dataset2023
Mspc Cpas & Advisors, P.C.IQPA$51,722not reported in the loaded dataset2023
Bolton PartnersCONSULTANTS$32,000not reported in the loaded dataset2023
Mr. Microchip Software CenterIT CONSULTANTS$31,001not reported in the loaded dataset2023
Lindabury Mccormick EstabrookATTORNEY$26,002not reported in the loaded dataset2023
Prudential Retirement Ins & Ann Co.INVESTMENT MANAGEMENT$21,444not reported in the loaded dataset2023
J2 Global Inc. D/B/A KeepitsafeNONE$14,081not reported in the loaded dataset2023
Optum RxPRESCRIPTION PROVIDER$13,591$02023
Highland Capital ManagementINVESTMENT MANAGEMENT$9,081not reported in the loaded dataset2023
Larry Magarik, EsqATTORNEY$7,680not reported in the loaded dataset2023
Reynolds Consulting Services, LLCINVESTMENT ADVISORY$5,000not reported in the loaded dataset2023

Related Form 5500 pages