Teamsters Local 348 Health & Welfare Fund — Form 5500 plan (Teamsters Local 348 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 Local 348 Health & Welfare Fund is a benefit plan reported by Teamsters Local 348 Health & Welfare Fund under EIN 34-6564615 and plan number 501. The latest loaded filing year is 2023. The filing reports 438 participants and $12,695,648 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Teamsters Local 348 Health & Welfare Fund
- EIN
- 34-6564615
- Plan number
- 501
- Plan type
- 1
- Location
- Akron, OH
- Latest filing year
- 2023
- Participants
- 438
- End-of-year plan assets
- $12,695,648
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 438 | H, C | 20241009150828NAL0009337203001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,695,648
- Total liabilities (EOY)
- $1,130
- Net assets (EOY)
- $12,694,518
- Net assets (BOY)
- $9,875,145
Income & contributions
- Employer contributions
- $9,455,975
- Participant contributions
- $147,454
- Total contributions
- $9,603,429
- Total income / additions
- $10,061,612
Expenses & distributions
- Benefits paid
- $7,022,432
- Administrative expenses
- $219,807
- Total expenses
- $7,242,239
- Net increase / (decrease)
- $2,819,373
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Jennifer Carcione | EMPLOYEE | $48,760 | not reported in the loaded dataset | 2023 |
| Dan Darrow | EMPLOYEE | $36,075 | not reported in the loaded dataset | 2023 |
| Conner Darrow | EMPLOYEE | $10,600 | not reported in the loaded dataset | 2023 |
| Swallen Lawhun & Co | UNION AUDITOR | $8,850 | not reported in the loaded dataset | 2023 |
| Parsons Risk Strategies | ACTUARY | $5,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Teamsters Local 348 Health & Welfare Fund
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Akron, OH
- Jennifer Carcione — Schedule C compensation
- Dan Darrow — Schedule C compensation
- Conner Darrow — Schedule C compensation
- Swallen Lawhun & Co — Schedule C compensation
- Parsons Risk Strategies — Schedule C compensation