Iron Workers Local 8 Welfare Fund — Form 5500 plan (Iron Workers Local 8 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, Iron Workers Local 8 Welfare Fund is a benefit plan reported by Iron Workers Local 8 Welfare Fund under EIN 39-0855190 and plan number 501. The latest loaded filing year is 2023. The filing reports 1,305 participants and $51,246,387 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Iron Workers Local 8 Welfare Fund
- EIN
- 39-0855190
- Plan number
- 501
- Plan type
- 1
- Location
- Oak Brook, IL
- Latest filing year
- 2023
- Participants
- 1,305
- End-of-year plan assets
- $51,246,387
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,305 | H, C | 20250314165130NAL0022769633001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $51,246,387
- Total liabilities (EOY)
- $2,862,754
- Net assets (EOY)
- $48,383,633
- Net assets (BOY)
- $44,731,153
Income & contributions
- Employer contributions
- $15,579,360
- Participant contributions
- $3,089,136
- Total contributions
- $18,668,496
- Total income / additions
- $23,393,055
Expenses & distributions
- Benefits paid
- $18,782,663
- Administrative expenses
- $957,912
- Total expenses
- $19,740,575
- Net increase / (decrease)
- $3,652,480
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Anthem Blue Cross Blue Shield | NONE | $633,227 | not reported in the loaded dataset | 2023 |
| Benefit Management Group, Inc. | NONE | $425,027 | not reported in the loaded dataset | 2023 |
| Reinhart Boerner Van Deuren S.C. | NONE | $166,727 | not reported in the loaded dataset | 2023 |
| The Segal Company | NONE | $118,041 | not reported in the loaded dataset | 2023 |
| Delta Dental | NONE | $45,484 | not reported in the loaded dataset | 2023 |
| Employee Resource Systems, Inc. | NONE | $34,005 | not reported in the loaded dataset | 2023 |
| Sikich Cpa LLC | NONE | $28,560 | not reported in the loaded dataset | 2023 |
| Marquette Associates | NONE | $25,000 | not reported in the loaded dataset | 2023 |
| Sommers & Fahrenbach | NONE | $21,539 | not reported in the loaded dataset | 2023 |
| Amalgamated Bank Of Chicago | NONE | $19,330 | $0 | 2023 |
| Combined Crafts | NONE | $15,652 | not reported in the loaded dataset | 2023 |
| National Investment Services | NONE | $10,722 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Iron Workers Local 8 Welfare Fund
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Oak Brook, IL
- Anthem Blue Cross Blue Shield — Schedule C compensation
- Benefit Management Group, Inc. — Schedule C compensation
- Reinhart Boerner Van Deuren S.C. — Schedule C compensation
- The Segal Company — Schedule C compensation
- Delta Dental — Schedule C compensation
- Employee Resource Systems, Inc. — Schedule C compensation
- Sikich Cpa LLC — Schedule C compensation
- Marquette Associates — Schedule C compensation
- Sommers & Fahrenbach — Schedule C compensation
- Amalgamated Bank Of Chicago — Schedule C compensation
- Combined Crafts — Schedule C compensation
- National Investment Services — Schedule C compensation