Local 351 Ibew Welfare Fund — Form 5500 plan (Loc. 351 Ibew Health & 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, Local 351 Ibew Welfare Fund is a benefit plan reported by Loc. 351 Ibew Health & Welfare Fund under EIN 22-3235800 and plan number 501. The latest loaded filing year is 2023. The filing reports 2,438 participants and $23,491,507 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Loc. 351 Ibew Health & Welfare Fund
- EIN
- 22-3235800
- Plan number
- 501
- Plan type
- 1
- Location
- West Trenton, NJ
- Latest filing year
- 2023
- Participants
- 2,438
- End-of-year plan assets
- $23,491,507
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,438 | H, C | 20241011104919NAL0038481488002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $23,491,507
- Total liabilities (EOY)
- $7,921,052
- Net assets (EOY)
- $15,570,455
- Net assets (BOY)
- $16,663,391
Income & contributions
- Employer contributions
- $33,571,779
- Participant contributions
- $723,449
- Total contributions
- $34,295,228
- Total income / additions
- $37,363,488
Expenses & distributions
- Benefits paid
- $37,617,300
- Administrative expenses
- $839,124
- Total expenses
- $38,456,424
- Net increase / (decrease)
- -$1,092,936
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Horizon Healthcare Services, Inc | NONE | $1,022,937 | not reported in the loaded dataset | 2023 |
| I.E. Shaffer & Co. | NONE | $688,885 | not reported in the loaded dataset | 2023 |
| Envision Rx Options | NONE | $312,070 | not reported in the loaded dataset | 2023 |
| Princeton Healthcare System Eap | NONE | $69,387 | not reported in the loaded dataset | 2023 |
| O'Brien Belland & Bushinsky | NONE | $38,256 | not reported in the loaded dataset | 2023 |
| Prudential Retirement Ins. Company | NONE | $30,091 | not reported in the loaded dataset | 2023 |
| Gerson & Assoc Cpas And Advisors Pc | NONE | $25,000 | not reported in the loaded dataset | 2023 |
| Milliman Inc. | NONE | $19,158 | not reported in the loaded dataset | 2023 |
| Mspc Certified Public Accountants | NONE | $12,237 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Loc. 351 Ibew Health & Welfare Fund
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in West Trenton, NJ
- Horizon Healthcare Services, Inc — Schedule C compensation
- I.E. Shaffer & Co. — Schedule C compensation
- Envision Rx Options — Schedule C compensation
- Princeton Healthcare System Eap — Schedule C compensation
- O'Brien Belland & Bushinsky — Schedule C compensation
- Prudential Retirement Ins. Company — Schedule C compensation
- Gerson & Assoc Cpas And Advisors Pc — Schedule C compensation
- Milliman Inc. — Schedule C compensation
- Mspc Certified Public Accountants — Schedule C compensation