Teamsters Local 575 Pension Fund — Form 5500 plan (Teamsters Local 575 Pension 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, Teamsters Local 575 Pension Fund is a benefit plan reported by Teamsters Local 575 Pension Fund under EIN 22-1921819 and plan number 001. The latest loaded filing year is 2023. The filing reports 216 participants and $61,897 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Teamsters Local 575 Pension Fund
- EIN
- 22-1921819
- Plan number
- 001
- Plan type
- 1
- Location
- Cherry Hill, NJ
- Latest filing year
- 2023
- Participants
- 216
- End-of-year plan assets
- $61,897
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 216 | H, C | 20240927112248NAL0001026003001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $61,897
- Total liabilities (EOY)
- $1,181,310
- Net assets (EOY)
- -$1,119,413
- Net assets (BOY)
- -$954,197
Income & contributions
- Employer contributions
- $7,552
- Total contributions
- $7,552
- Total income / additions
- $7,929
Expenses & distributions
- Benefits paid
- $114,255
- Administrative expenses
- $58,890
- Total expenses
- $173,145
- Net increase / (decrease)
- -$165,216
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| O'Sullivan Associates, Inc. | NONE | $22,000 | not reported in the loaded dataset | 2023 |
| Mspc | NONE | $16,000 | not reported in the loaded dataset | 2023 |
| O'Sullivan Associates, Inc. | NONE | $7,600 | not reported in the loaded dataset | 2023 |