Magnacare — Form 5500 Schedule C service provider compensation

Reported service provider summary

According to public Form 5500 Schedule C data published through public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Magnacare is reported as a service provider on 13 loaded Form 5500 filing(s) across 13 plan sponsor(s) and 13 plan(s). The latest loaded filing year is 2023. Across the loaded Schedule C rows, reported direct compensation totals $31,683,538 and reported indirect compensation totals $1,628,783.

Reported compensation summary

Reported direct compensation
$31,683,538
Reported indirect compensation
$1,628,783
Total reported compensation
$33,312,321
Filings
13
Plan sponsors
13
Plans
13
Latest filing year
2023

Figures are reported Schedule C service provider compensation as disclosed by plan sponsors. They are presented objectively and are not a statement about whether any compensation is high, low, or reasonable.

Top plan sponsors by reported compensation

Plan sponsors reporting the most compensation to Magnacare
SponsorStatePlansReported compensation
Bd Of Tr Of The Pension, Hosp & Benefit Pl Of The Elec Ind-WelfareNY1$19,106,898
Board Of Trustees, Seiu Healthcare Nw HealthWA1$6,681,798
Board Of Trustees Of The Electrical Employers Self-Ins Safety PlanNY1$4,011,303
Painting Industry Insurance Fund IndustryNY1$1,467,022
Brd Of Tr Of The Empl Sec Fd Of The Elec Prod Ind-Health & Welfare PlNY1$872,115
Board Of Trustees Of Lake County Indiana Neca-Ibew Benefit PlanIN1$504,317
Board Of Trustees Iuoe Local 138 Welfare FundNY1$307,159
Plumbers Local Union No. 200 Welfare Fund Board Of TrusteesNY1$210,687
Local 522 Ind. Roofing & Sheetmetal Crafts Welfare FundNY1$90,436
United Production Workers Union Local 17-18 Welfare FundNY1$21,665

State footprint

Plans reporting Magnacare are sponsored in NY (10), IN (1), NJ (1), WA (1).

Plans reporting this provider

Reported on these loaded Form 5500 filings
SponsorPlanYearDirect comp.Indirect comp.
Bd Of Tr Of The Pension, Hosp & Benefit Pl Of The Elec Ind-WelfarePension, Hospitalization & Benefit Plan Of The Electrical Industry - Welfare Account2023$17,742,393$1,364,505
Board Of Trustees, Seiu Healthcare Nw HealthSeiu Healthcare Nw Health Benefits Trust Plan2023$6,681,798not reported in the loaded dataset
Board Of Trustees Of The Electrical Employers Self-Ins Safety PlanElectrical Employers Self-Insurance Safety Plan2023$4,011,303not reported in the loaded dataset
Painting Industry Insurance Fund IndustryPainting Industry Insurance Fund2023$1,204,421$262,601
Brd Of Tr Of The Empl Sec Fd Of The Elec Prod Ind-Health & Welfare PlEmployees Security Fund Of The Elec Ind Health And Welfare Plan2023$872,115not reported in the loaded dataset
Board Of Trustees Of Lake County Indiana Neca-Ibew Benefit PlanLake County Indiana Neca-Ibew Health And Benefit Plan2023$504,317not reported in the loaded dataset
Board Of Trustees Iuoe Local 138 Welfare FundInternational Union Of Operating Engin Local 138 Welfare Fund2023$307,159$0
Plumbers Local Union No. 200 Welfare Fund Board Of TrusteesPlumbers Local Union No. 200 Welfare Fund2023$210,687not reported in the loaded dataset
Local 522 Ind. Roofing & Sheetmetal Crafts Welfare FundLocal 522 Ind Roofing & Sheetmetal Crafts Welfare Fund2023$88,759$1,677
United Production Workers Union Local 17-18 Welfare FundUnited Production Workers Union Local 17-18 Welfare Fund2023$21,665not reported in the loaded dataset
Trustees Of Teamsters Local 97 Benefits FundTeamsters Local 97 Benefits Fund2023$19,650not reported in the loaded dataset
Board Of Trustees Of Allied Security Health & Welfare FundAllied Security Health & Welfare Fund2023$10,444not reported in the loaded dataset
Madelaine/Local 1222 Welfare FundMadelaine/Local 1222 Welfare Fund2023$8,827not reported in the loaded dataset

Related Form 5500 pages