Retiree Plan Of The New Jersey Building Laborers Statewide Welfare Fund — Form 5500 plan (Board Of Trustees, Retiree Plan Of The Njbls 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, Retiree Plan Of The New Jersey Building Laborers Statewide Welfare Fund is a benefit plan reported by Board Of Trustees, Retiree Plan Of The Njbls Welfare Fund under EIN 22-1764453 and plan number 502. The latest loaded filing year is 2023. The filing reports 837 participants and $234,903 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$0Plan net assets, end of year
Participants837Covered participants reported
Assets / participant$281Computed: assets ÷ participants$281 (computed)
Provider compensation$196.7K3 Schedule C provider row(s)$196,737
Plan sponsor
Board Of Trustees, Retiree Plan Of The Njbls Welfare Fund
EIN
22-1764453
Plan number
502
Plan type
1
Location
Iselin, NJ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023837H, C20241011145322NAL0039092272001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$234.9K total assets
Net assets$0Liabilities$234.9K
Money in vs. money out
Total income / additions$3.9M
Total expenses$3.9M
Benefits paid / distributions$3.7M
Contributions
Employer$2.5M
Participant$1.4M
Full reported line items

Net assets

Total assets (EOY)
$234,903
Total liabilities (EOY)
$234,903
Net assets (EOY)
$0
Net assets (BOY)
$0

Income & contributions

Employer contributions
$2,544,451
Participant contributions
$1,360,512
Total contributions
$3,904,963
Total income / additions
$3,904,963

Expenses & distributions

Benefits paid
$3,667,374
Administrative expenses
$237,589
Total expenses
$3,904,963
Net increase / (decrease)
$0
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 65%Participant 35%
Benefits paid ÷ total income94%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
United Healthcare Services IncNONE$178,197$02023
Delta Dental Of New Jersey IncNONE$12,540not reported in the loaded dataset2023
Schultheis & Panettieri LlpAUDITOR$6,000not reported in the loaded dataset2023

Related Form 5500 pages