Magnacare Administrative Services — 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 Administrative Services is reported as a service provider on 10 loaded Form 5500 filing(s) across 10 plan sponsor(s) and 10 plan(s). The latest loaded filing year is 2023. Across the loaded Schedule C rows, reported direct compensation totals $5,494,382 and reported indirect compensation totals $38,131.

Reported compensation summary

Reported direct compensation
$5,494,382
Reported indirect compensation
$38,131
Total reported compensation
$5,532,513
Filings
10
Plan sponsors
10
Plans
10
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 Administrative Services
SponsorStatePlansReported compensation
Northwest Fire Fighters Benefits TrustWA1$1,399,218
United Wire, Metal & Machine Health & Welfare FundNY1$1,228,105
Board Of Trustees Local 1298 Welfare FundNY1$1,083,850
Local 272 Welfare FundNY1$742,085
Bd Of Trustees Gen'L Blg Laborers' Local 66 Welfare FundNY1$322,274
Board Of Trustees Local 713 Health & WelNY1$205,471
Local 1102 Health & Benefit FundNY1$197,245
Metal Polishers Union Local 8a-28a Welfare FundNY1$170,387
Board Of Trustees Of Local 1205 Welfare FundNY1$105,723
Board Of Trustees Iron Workers Locals 40, 361 & 417 Health FundNY1$78,155

State footprint

Plans reporting Magnacare Administrative Services are sponsored in NY (9), WA (1).

Plans reporting this provider

Reported on these loaded Form 5500 filings
SponsorPlanYearDirect comp.Indirect comp.
Northwest Fire Fighters Benefits TrustIaff Health & Wellness Plan Of The Northwest Fire Fighters Benefits Trust2023$1,399,161$57
United Wire, Metal & Machine Health & Welfare FundUnited Wire, Metal & Machine H & W Fd2023$1,228,105$0
Board Of Trustees Local 1298 Welfare FundLaborers Local 1298 Of Nassau & Suffolk Counties Welfare Fund2023$1,083,850$0
Local 272 Welfare FundLocal 272 Welfare Fund2023$742,085not reported in the loaded dataset
Bd Of Trustees Gen'L Blg Laborers' Local 66 Welfare FundGeneral Building Laborers' Local 66 Welfare Fund2023$299,468$22,806
Board Of Trustees Local 713 Health & WelInternational Brotherhood Of Trade Unions Local 713 Health & Welfare Fund2023$205,471not reported in the loaded dataset
Local 1102 Health & Benefit FundLocal 1102 Health And Benefit Fund2023$197,245not reported in the loaded dataset
Metal Polishers Union Local 8a-28a Welfare FundMetal Polishers Union Local 8a-28a Welfare Fund2023$155,119$15,268
Board Of Trustees Of Local 1205 Welfare FundLocal 1205 Welfare Fund2023$105,723not reported in the loaded dataset
Board Of Trustees Iron Workers Locals 40, 361 & 417 Health FundIron Workers Locals 40, 361 & 417 Health Fund2023$78,155not reported in the loaded dataset

Related Form 5500 pages