Local Union 903 I.B.E.W. Health And Welfare Plan — Form 5500 plan (Local Union 903 Ibew Health & Welfare 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, Local Union 903 I.B.E.W. Health And Welfare Plan is a benefit plan reported by Local Union 903 Ibew Health & Welfare Plan under EIN 64-6034436 and plan number 501. The latest loaded filing year is 2023. The filing reports 239 participants and $4,795,580 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Local Union 903 Ibew Health & Welfare Plan
- EIN
- 64-6034436
- Plan number
- 501
- Plan type
- 1
- Location
- Mobile, AL
- Latest filing year
- 2023
- Participants
- 239
- End-of-year plan assets
- $4,795,580
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 239 | H, C | 20250915141746NAL0001198993001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,795,580
- Total liabilities (EOY)
- $474,198
- Net assets (EOY)
- $4,321,382
- Net assets (BOY)
- $3,872,853
Income & contributions
- Employer contributions
- $4,789,730
- Participant contributions
- $45,786
- Total contributions
- $4,835,516
- Total income / additions
- $5,009,842
Expenses & distributions
- Benefits paid
- $4,445,889
- Administrative expenses
- $115,424
- Total expenses
- $4,561,313
- Net increase / (decrease)
- $448,529
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Optumrx Inc | PHARMACY BENEFIT MGMT | $2,059,145 | $4,417 | 2023 |
| Umr Inc | CLAIMS PROCESSING | $214,451 | $1,547 | 2023 |
| Gulf States Consultants & Adm Inc | ADMINISTRATOR | $70,800 | not reported in the loaded dataset | 2023 |
| Cri Advisors, LLC | AUDITOR | $13,090 | not reported in the loaded dataset | 2023 |
| Southern Actuarial Services Company | ACTUARY | $5,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Local Union 903 Ibew Health & Welfare Plan
- 2023 Form 5500 filing
- Form 5500 filings in AL
- 401(k) and benefit plan filings in Mobile, AL
- Optumrx Inc — Schedule C compensation
- Umr Inc — Schedule C compensation
- Gulf States Consultants & Adm Inc — Schedule C compensation
- Cri Advisors, LLC — Schedule C compensation
- Southern Actuarial Services Company — Schedule C compensation