I.B.E.W. Local 38 Health & Welfare Fund — Form 5500 plan (I.B.E.W. Local 38 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, I.B.E.W. Local 38 Health & Welfare Fund is a benefit plan reported by I.B.E.W. Local 38 Health & Welfare Fund under EIN 34-6529234 and plan number 501. The latest loaded filing year is 2023. The filing reports 2,649 participants and $26,055,921 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
I.B.E.W. Local 38 Health & Welfare Fund
EIN
34-6529234
Plan number
501
Plan type
1
Location
Cleveland, OH
Latest filing year
2023
Participants
2,649
End-of-year plan assets
$26,055,921

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,649H, C20250215051507NAL0025571185002

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$26,055,921
Total liabilities (EOY)
$7,143,927
Net assets (EOY)
$18,911,994
Net assets (BOY)
$16,673,496

Income & contributions

Employer contributions
$31,054,337
Participant contributions
$5,601,400
Total contributions
$36,655,737
Total income / additions
$37,548,516

Expenses & distributions

Benefits paid
$33,566,356
Administrative expenses
$1,743,662
Total expenses
$35,310,018
Net increase / (decrease)
$2,238,498

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Anthem Blue Cross & Blue ShieldASO - CLAIMS PROCESSING$988,578not reported in the loaded dataset2023
Ibew Local 38 Fringe Benefit FundsCONTRACT ADMINISTRATOR$171,816not reported in the loaded dataset2023
Delta Dental Of OhioCLAIMS PROCESSING$120,877not reported in the loaded dataset2023
The Segal CompanyACTUARY$73,000not reported in the loaded dataset2023
G&E Hc Reit Ii Pkwy Med Center LLCRENT$68,079not reported in the loaded dataset2023
Alotta Farley & Co LlpATTORNEY$61,567not reported in the loaded dataset2023
Sav RxCLAIMS PROCESSING$55,132not reported in the loaded dataset2023
P&A GroupCLAIMS PROCESSING$50,028not reported in the loaded dataset2023
Center For Families And ChildrenADMINISTRATIVE SERVICES$37,368not reported in the loaded dataset2023
Vision Services PlanPROVIDER$31,132not reported in the loaded dataset2023
Segall Bryant & Hamill, LLCINVESTMENT MANAGER$25,505not reported in the loaded dataset2023
Yurchyk & Davis Cpa'S, Inc.AUDITOR$19,900not reported in the loaded dataset2023
Manning & NapierINVESTMENT MANAGER$17,244not reported in the loaded dataset2023
PcoriNONE$14,364not reported in the loaded dataset2023
Segal Marco ConsultingINVESTMENT CONSULTANT$12,000not reported in the loaded dataset2023
Bridgeway Benefit TechnologiesCOMPUTER SOFTWARE SERVICE$7,003not reported in the loaded dataset2023
Boyd Watterson Asset ManagementINVESTMENT MANAGER$5,891not reported in the loaded dataset2023
Pnc Bank NaBANK SERVICES$5,791not reported in the loaded dataset2023

Related Form 5500 pages