Ibew Local Union 347 Health And Welfare Plan — Form 5500 plan (Ibew Local Union 347 & Iowa Chapter Of Neca Board Of Trustees)
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 347 Health And Welfare Plan is a benefit plan reported by Ibew Local Union 347 & Iowa Chapter Of Neca Board Of Trustees under EIN 23-7091121 and plan number 501. The latest loaded filing year is 2023. The filing reports 2,098 participants and $73,525,576 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ibew Local Union 347 & Iowa Chapter Of Neca Board Of Trustees
- EIN
- 23-7091121
- Plan number
- 501
- Plan type
- 1
- Location
- Troy, MI
- Latest filing year
- 2023
- Participants
- 2,098
- End-of-year plan assets
- $73,525,576
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,098 | H, C | 20241014120011NAL0014882371004 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $73,525,576
- Total liabilities (EOY)
- $48,658,582
- Net assets (EOY)
- $24,866,994
- Net assets (BOY)
- $21,716,285
Income & contributions
- Employer contributions
- $35,487,720
- Participant contributions
- $497,312
- Total contributions
- $35,985,032
- Total income / additions
- $42,775,467
Expenses & distributions
- Benefits paid
- $37,774,977
- Administrative expenses
- $1,849,781
- Total expenses
- $39,624,758
- Net increase / (decrease)
- $3,150,709
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| United Healthcare Insurance Company | not reported in the loaded dataset | $915,408 | not reported in the loaded dataset | 2023 |
| Compusys Of Utah, Inc. | not reported in the loaded dataset | $288,343 | not reported in the loaded dataset | 2023 |
| Blake & Uhlig | not reported in the loaded dataset | $178,941 | not reported in the loaded dataset | 2023 |
| United Actuarial Service | not reported in the loaded dataset | $56,817 | not reported in the loaded dataset | 2023 |
| Deboer & Associates, Pc | not reported in the loaded dataset | $37,973 | not reported in the loaded dataset | 2023 |
| Fiducient Advisors | not reported in the loaded dataset | $28,400 | not reported in the loaded dataset | 2023 |
| Community Bank And Trust | not reported in the loaded dataset | $27,778 | not reported in the loaded dataset | 2023 |
| Community State Bank | not reported in the loaded dataset | $6,037 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ibew Local Union 347 & Iowa Chapter Of Neca Board Of Trustees
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Troy, MI
- United Healthcare Insurance Company — Schedule C compensation
- Compusys Of Utah, Inc. — Schedule C compensation
- Blake & Uhlig — Schedule C compensation
- United Actuarial Service — Schedule C compensation
- Deboer & Associates, Pc — Schedule C compensation
- Fiducient Advisors — Schedule C compensation
- Community Bank And Trust — Schedule C compensation
- Community State Bank — Schedule C compensation