Asbestos Workers Local Union No. 80 Supplemental Medical Plan — Form 5500 plan (Asbestos Workers Local Union No. 80 Supplemental Medical Plan)

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, Asbestos Workers Local Union No. 80 Supplemental Medical Plan is a benefit plan reported by Asbestos Workers Local Union No. 80 Supplemental Medical Plan under EIN 52-1863202 and plan number 501. The latest loaded filing year is 2023. The filing reports 524 participants and $10,170,944 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$10.2MPlan net assets, end of year$10,165,460
Participants524Covered participants reported
Assets / participant$19.4KComputed: assets ÷ participants$19,410 (computed)
Provider compensation$94.4K5 Schedule C provider row(s)$94,417
Plan sponsor
Asbestos Workers Local Union No. 80 Supplemental Medical Plan
EIN
52-1863202
Plan number
501
Plan type
1
Location
Pembroke Pines, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023524H, C20250331170053NAL0006609281001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$10.2M total assets
Net assets$10.2MLiabilities$5.5K
Money in vs. money out
Total income / additions$2.2M
Total expenses$1.4M
Benefits paid / distributions$1.3M
Contributions
Employer$1.3M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$10,170,944
Total liabilities (EOY)
$5,484
Net assets (EOY)
$10,165,460
Net assets (BOY)
$9,356,701

Income & contributions

Employer contributions
$1,263,349
Total contributions
$1,263,349
Total income / additions
$2,214,707

Expenses & distributions

Benefits paid
$1,300,020
Administrative expenses
$105,928
Total expenses
$1,405,948
Net increase / (decrease)
$808,759
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income59%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
National Employee Benefits AdministNONE$44,716not reported in the loaded dataset2023
Calibre Cpa Group PllcNONE$23,003not reported in the loaded dataset2023
Morgan Stanley Smith BarneyNONE$10,003$02023
O'Donoghue & O'DonoghueNONE$9,195not reported in the loaded dataset2023
Investment Performance Servicesnot reported in the loaded dataset$7,500not reported in the loaded dataset2023

Related Form 5500 pages