Canton Electrical Welfare Fund — Form 5500 plan (Board Of Trustees Canton Electrical 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, Canton Electrical Welfare Fund is a benefit plan reported by Board Of Trustees Canton Electrical Welfare Fund under EIN 34-6573626 and plan number 501. The latest loaded filing year is 2023. The filing reports 904 participants and $21,619,699 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Board Of Trustees Canton Electrical Welfare Fund
EIN
34-6573626
Plan number
501
Plan type
1
Location
Canfield, OH
Latest filing year
2023
Participants
904
End-of-year plan assets
$21,619,699

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023904H, C20250814091506NAL0005328739001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$21,619,699
Total liabilities (EOY)
$1,185,408
Net assets (EOY)
$20,434,291
Net assets (BOY)
$19,427,563

Income & contributions

Employer contributions
$7,837,920
Participant contributions
$2,917,500
Total contributions
$10,755,420
Total income / additions
$14,788,859

Expenses & distributions

Benefits paid
$12,973,511
Administrative expenses
$808,620
Total expenses
$13,782,131
Net increase / (decrease)
$1,006,728

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
AnthemCLAIMS ADMINISTRATOR$433,089not reported in the loaded dataset2023
Benesys, IncTHIRD PARTY ADMINISTRATOR$114,080not reported in the loaded dataset2023
The Segal CompanyCONSULTING$91,125not reported in the loaded dataset2023
Macala & PiattATTORNEY$42,992not reported in the loaded dataset2023
Yurchyk & Davis Cpa'S Inc.AUDITOR$21,400not reported in the loaded dataset2023
Mariner Institutional LLCINVESTMENT CONSULTANT$20,000not reported in the loaded dataset2023
KeybankINVESTMENT CUSTODIAN$9,500$02023
United Actuarial ServicesACTUARY$9,500not reported in the loaded dataset2023
City PrintingPRINTING SERVICES$7,930not reported in the loaded dataset2023
Pnc BankBANKING SERVICES$6,596not reported in the loaded dataset2023

Related Form 5500 pages