Ibew Lu2221 Health & Welfare Plan — Form 5500 plan (Northern Star Industries, Inc)
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 Lu2221 Health & Welfare Plan is a benefit plan reported by Northern Star Industries, Inc under EIN 38-1683485 and plan number 502. The latest loaded filing year is 2023. The filing reports 660 participants and $3,686,236 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Northern Star Industries, Inc
- EIN
- 38-1683485
- Plan number
- 502
- Plan type
- 2
- Location
- Iron Mountain, MI
- Latest filing year
- 2023
- Participants
- 660
- End-of-year plan assets
- $3,686,236
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 660 | H, C | 20241015123243NAL0016394195001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,686,236
- Total liabilities (EOY)
- $531,112
- Net assets (EOY)
- $3,155,124
- Net assets (BOY)
- $2,603,724
Income & contributions
- Employer contributions
- $3,961,689
- Participant contributions
- $482,582
- Total contributions
- $4,444,271
- Total income / additions
- $4,503,575
Expenses & distributions
- Benefits paid
- $3,634,263
- Administrative expenses
- $317,912
- Total expenses
- $3,952,175
- Net increase / (decrease)
- $551,400
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Blue Cross Blue Shield Of Michigan | TPA | $256,253 | $0 | 2023 |
| Jan R Kronenburg | INS AGENTS | $19,540 | not reported in the loaded dataset | 2023 |
| Usi Ins Srvce LLC Stockton | INS AGENTS | $3,952 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Northern Star Industries, Inc
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Iron Mountain, MI
- Blue Cross Blue Shield Of Michigan — Schedule C compensation
- Jan R Kronenburg — Schedule C compensation
- Usi Ins Srvce LLC Stockton — Schedule C compensation