Ibew Local Union 375 Electricians' Welfare Fund — Form 5500 plan (Ibew Local Union 375 Electricans' 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, Ibew Local Union 375 Electricians' Welfare Fund is a benefit plan reported by Ibew Local Union 375 Electricans' Welfare Fund under EIN 23-6424575 and plan number 501. The latest loaded filing year is 2023. The filing reports 1,049 participants and $14,057,983 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ibew Local Union 375 Electricans' Welfare Fund
- EIN
- 23-6424575
- Plan number
- 501
- Plan type
- 1
- Location
- Allentown, PA
- Latest filing year
- 2023
- Participants
- 1,049
- End-of-year plan assets
- $14,057,983
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,049 | H, C | 20241001114939NAL0007019905001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,057,983
- Total liabilities (EOY)
- $1,856,530
- Net assets (EOY)
- $12,201,453
- Net assets (BOY)
- $10,727,390
Income & contributions
- Employer contributions
- $12,992,010
- Participant contributions
- $536,370
- Total contributions
- $13,528,380
- Total income / additions
- $14,020,286
Expenses & distributions
- Benefits paid
- $12,049,076
- Administrative expenses
- $497,147
- Total expenses
- $12,546,223
- Net increase / (decrease)
- $1,474,063
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Capital Blue Cross | NONE | $272,888 | not reported in the loaded dataset | 2023 |
| Novak Francella, LLC | NONE | $36,762 | not reported in the loaded dataset | 2023 |
| Meyer Unkovic Scott Llp | NONE | $20,573 | not reported in the loaded dataset | 2023 |
| Christman And Company | NONE | $17,950 | not reported in the loaded dataset | 2023 |
| Sav-Rx Prescription Services | NONE | $17,454 | not reported in the loaded dataset | 2023 |
| Summit Actuarial Services LLC | NONE | $17,400 | not reported in the loaded dataset | 2023 |
| Cowden Associates | NONE | $16,500 | not reported in the loaded dataset | 2023 |
| Captrust | NONE | $15,381 | not reported in the loaded dataset | 2023 |
| Delta Dental Of Pennsylvania | NONE | $14,993 | not reported in the loaded dataset | 2023 |
| Bridgeway Benefit Technologies | NONE | $12,556 | not reported in the loaded dataset | 2023 |
| O'Sullivan Associates | NONE | $12,500 | not reported in the loaded dataset | 2023 |
| Hill, Barth, And King LLC | NONE | $10,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ibew Local Union 375 Electricans' Welfare Fund
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Allentown, PA
- Capital Blue Cross — Schedule C compensation
- Novak Francella, LLC — Schedule C compensation
- Meyer Unkovic Scott Llp — Schedule C compensation
- Christman And Company — Schedule C compensation
- Sav-Rx Prescription Services — Schedule C compensation
- Summit Actuarial Services LLC — Schedule C compensation
- Cowden Associates — Schedule C compensation
- Captrust — Schedule C compensation
- Delta Dental Of Pennsylvania — Schedule C compensation
- Bridgeway Benefit Technologies — Schedule C compensation
- O'Sullivan Associates — Schedule C compensation
- Hill, Barth, And King LLC — Schedule C compensation