Teamsters Welfare Fund Of Northern New Jersey Local 723 — Form 5500 plan (Teamsters Welfare Fund Of Northern New Jersey Local 723)
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, Teamsters Welfare Fund Of Northern New Jersey Local 723 is a benefit plan reported by Teamsters Welfare Fund Of Northern New Jersey Local 723 under EIN 22-1736275 and plan number 501. The latest loaded filing year is 2023. The filing reports 522 participants and $36,658,131 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Teamsters Welfare Fund Of Northern New Jersey Local 723
- EIN
- 22-1736275
- Plan number
- 501
- Plan type
- 1
- Location
- Union, NJ
- Latest filing year
- 2023
- Participants
- 522
- End-of-year plan assets
- $36,658,131
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 522 | H, C | 20241010163008NAL0010263091003 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $36,658,131
- Total liabilities (EOY)
- $842,741
- Net assets (EOY)
- $35,815,390
- Net assets (BOY)
- $28,534,700
Income & contributions
- Employer contributions
- $6,569,672
- Participant contributions
- $11,738
- Total contributions
- $6,581,410
- Total income / additions
- $11,969,558
Expenses & distributions
- Benefits paid
- $3,499,336
- Administrative expenses
- $1,189,532
- Total expenses
- $4,688,868
- Net increase / (decrease)
- $7,280,690
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Insurance Design Administrators | NONE | $613,057 | $0 | 2023 |
| Specialized Pharmacy Solutions | NONE | $339,402 | not reported in the loaded dataset | 2023 |
| Delta Dental Of New Jersey, LLC | NONE | $311,563 | not reported in the loaded dataset | 2023 |
| Robin Modzelewski | EMPLOYEE | $134,553 | not reported in the loaded dataset | 2023 |
| Comerica Bank | NONE | $122,156 | not reported in the loaded dataset | 2023 |
| First State Trust Company | NONE | $105,659 | not reported in the loaded dataset | 2023 |
| Empirx | NONE | $101,934 | not reported in the loaded dataset | 2023 |
| Maria Garate | EMPLOYEE | $72,154 | not reported in the loaded dataset | 2023 |
| Rbc Wealth Management | NONE | $62,108 | $0 | 2023 |
| Baratz & Associates, P.A. | NONE | $50,003 | not reported in the loaded dataset | 2023 |
| Janney Montgomery Scott | NONE | $49,446 | $0 | 2023 |
| Specialized Computer Resources Inc | NONE | $24,628 | not reported in the loaded dataset | 2023 |
| Vanda Neno | EMPLOYEE | $22,560 | not reported in the loaded dataset | 2023 |
| Summit Acturial Services LLC | NONE | $20,000 | not reported in the loaded dataset | 2023 |
| Jbm Computer Consultants, Inc. | NONE | $8,998 | not reported in the loaded dataset | 2023 |
| Mets Shiro & Mcgovern | NONE | $6,242 | not reported in the loaded dataset | 2023 |
| Payer Matrix | NONE | $3,801 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Teamsters Welfare Fund Of Northern New Jersey Local 723
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Union, NJ
- Insurance Design Administrators — Schedule C compensation
- Specialized Pharmacy Solutions — Schedule C compensation
- Delta Dental Of New Jersey, LLC — Schedule C compensation
- Robin Modzelewski — Schedule C compensation
- Comerica Bank — Schedule C compensation
- First State Trust Company — Schedule C compensation
- Empirx — Schedule C compensation
- Maria Garate — Schedule C compensation
- Rbc Wealth Management — Schedule C compensation
- Baratz & Associates, P.A. — Schedule C compensation
- Janney Montgomery Scott — Schedule C compensation
- Specialized Computer Resources Inc — Schedule C compensation
- Vanda Neno — Schedule C compensation
- Summit Acturial Services LLC — Schedule C compensation
- Jbm Computer Consultants, Inc. — Schedule C compensation
- Mets Shiro & Mcgovern — Schedule C compensation
- Payer Matrix — Schedule C compensation