Teamsters Joint Council No. 53 Retiree Health & Welfare Fund — Form 5500 plan (Teamsters Jt Co No. 53 Retiree 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, Teamsters Joint Council No. 53 Retiree Health & Welfare Fund is a benefit plan reported by Teamsters Jt Co No. 53 Retiree Health & Welfare Fund under EIN 23-2530237 and plan number 501. The latest loaded filing year is 2023. The filing reports 525 participants and $7,483,510 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Teamsters Jt Co No. 53 Retiree Health & Welfare Fund
- EIN
- 23-2530237
- Plan number
- 501
- Plan type
- 3
- Location
- Pennsauken, NJ
- Latest filing year
- 2023
- Participants
- 525
- End-of-year plan assets
- $7,483,510
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 525 | H, C | 20250415091433NAL0005536032001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,483,510
- Total liabilities (EOY)
- $443,998
- Net assets (EOY)
- $7,039,512
- Net assets (BOY)
- $6,598,429
Income & contributions
- Employer contributions
- $1,533,054
- Participant contributions
- $558,406
- Total contributions
- $2,091,460
- Total income / additions
- $2,820,417
Expenses & distributions
- Benefits paid
- $2,260,652
- Administrative expenses
- $118,682
- Total expenses
- $2,379,334
- Net increase / (decrease)
- $441,083
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Capital Rx, Inc. | NONE | $76,376 | not reported in the loaded dataset | 2023 |
| Administrative Service Professional | NONE | $66,900 | not reported in the loaded dataset | 2023 |
| The Mckeogh Company | NONE | $16,125 | not reported in the loaded dataset | 2023 |
| Novak Francella, LLC | NONE | $12,000 | not reported in the loaded dataset | 2023 |
| Rbc Wealth Management/Courtney Inv. | NONE | $6,613 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Teamsters Jt Co No. 53 Retiree Health & Welfare Fund
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Pennsauken, NJ
- Capital Rx, Inc. — Schedule C compensation
- Administrative Service Professional — Schedule C compensation
- The Mckeogh Company — Schedule C compensation
- Novak Francella, LLC — Schedule C compensation
- Rbc Wealth Management/Courtney Inv. — Schedule C compensation