Chelsea, MA Form 5500 retirement and benefit plan filings

City Form 5500 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, Chelsea, MA has 22 loaded benefit plan(s) reported by 15 plan sponsor(s), with $190,050,281 in total reported end-of-year plan assets across loaded filings. The latest loaded Form 5500 filing year is 2023.

Loaded plans
22
Plan sponsors
15
Latest filing year
2023

Reported financial aggregate (2023)

Reported net position

Total reported assets (EOY)
$190,050,281
Total reported liabilities (EOY)
$0
Total reported net assets (EOY)
$190,050,281

Contributions & income

Employer contributions
$3,805,312
Participant contributions
$10,039,737
Total income / additions
$43,145,562

Expenses & distributions

Benefits paid / distributions
$17,491,867
Total expenses
$18,125,370
Net increase / (decrease)
$25,020,192

Coverage

Total reported participants
7,654
Plans with financial statements
14
Plans with provider compensation
9

Totals sum the latest loaded 2023 public Form 5500 filing per plan for Chelsea, MA plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Largest loaded plans by reported assets

Largest loaded plans in Chelsea, MA
PlanSponsorReported assets (EOY)Year
Kayem Foods Employees 401(K) PlanKayem Foods, Inc.$37,922,5222023
Metro Credit Union 401(K) PlanMetro Credit Union$33,443,5772023
Legacy Lifecare 403(B) PlanChelsea Jewish Lifecare, Inc.$32,284,1582023
The Architectural Team, Inc. New Comparability 401(K) Profit Sharing PlanThe Architectural Team, Inc.$21,376,4352023
State Garden, Inc. 401(K) Retirement PlanState Garden, Inc.$16,174,7122023
North Suffolk Community Services 403(B) PlanNorth Suffolk Community Services, Inc.$11,597,0472023
J.B. Sash & Door Co., Inc. 401(K) PlanJ.B. Sash & Door Company, Inc.$7,761,4972023
S. Strock & Co., Inc. Profit Sharing 401(K) PlanS. Strock & Co., Inc.$6,853,6772023
Metro Credit Union Pension PlanMetro Credit Union$5,699,6902023
Eagle Air Freight, Inc. 401(K) Profit Sharing PlanEagle Air Freight, Inc.$5,522,1952023
Delta Management Assoc. 401(K) P/S PlanDelta Management Associates, Inc.$4,520,0872023
Night Shift Brewing 401(K) P/S PlanNight Shift Brewing$3,993,2902023
Pediatric Medical Care 401(K) Savings PlanPediatric Medical Care, Inc.$1,714,0952023
John Cerasuolo Co., Inc. 401(K) Profit Sharing PlanJohn Cerasuolo Co., Inc.$1,187,2992023
Chelsea Jewish Lifecare, Inc. Health & Welfare Benefits PlanChelsea Jewish Lifecare, Inc.not reported in the loaded dataset2023
Metro Credit Union Group Health PlanMetro Credit Unionnot reported in the loaded dataset2023
Kayem Foods Inc. Health & Welfare PlanKayem Foods Incnot reported in the loaded dataset2023
State Garden Medical PlanState Garden, Inc.not reported in the loaded dataset2023
State Garden Dental PlanState Garden, Inc.not reported in the loaded dataset2023
North Suffolk Mental Health Association, Inc. Health And Welfare PlanNorth Suffolk Community Services, Inc.not reported in the loaded dataset2023
Paul Revere Transportation LLC Health And Welfare Benefits PlanPaul Revere Transportationnot reported in the loaded dataset2023
Roca Inc. Group Health PlanRoca, Inc.not reported in the loaded dataset2023

Related Form 5500 pages