2023 Form 5500 filing — Cedar Rapids Electrical Workers Local #405 Health And Welfare Fund
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240605114816NAL0020643729001) for Cedar Rapids Electrical Workers Local #405 Health And Welfare Fund, reported by Board Of Trustees, Cedar Rapids Electrical Workers under EIN 23-7091120 and plan number 501. It reports 868 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 1 · 2023
Filing snapshot
Net assets (EOY)$21.9MReported net assets$21,906,689
Participants868
Provider compensation$1M9 Schedule C row(s)$1,008,031
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240605114816NAL0020643729001
- Plan sponsor
- Board Of Trustees, Cedar Rapids Electrical Workers
- EIN
- 23-7091120
- Plan number
- 501
- Location
- Cedar Rapids, IA
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$23.6M total assets
Net assets$21.9MLiabilities$1.7M
Full reported line items
- Total assets (EOY)
- $23,560,944
- Total liabilities (EOY)
- $1,654,255
- Net assets (EOY)
- $21,906,689
- Employer contributions
- $14,057,352
- Participant contributions
- $274,986
- Total income / additions
- $16,427,181
- Benefits paid
- $11,695,939
- Administrative expenses
- $1,029,998
- Total expenses
- $12,725,937
- Net increase / (decrease)
- $3,701,244
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wellmark Health Plan Of Iowa, Inc. | NONE | $548,827 | not reported in the loaded dataset |
| Employee Group Services Ltd Dba Aux | NONE | $221,891 | not reported in the loaded dataset |
| Reinhart Boerner Van Deuren S.C. | NONE | $88,874 | not reported in the loaded dataset |
| Delta Dental Of Iowa | NONE | $53,391 | not reported in the loaded dataset |
| Cliftonlarsonallen Llp | NONE | $36,077 | not reported in the loaded dataset |
| Benefit Advisors, Inc. Dba Acumen | NONE | $31,000 | not reported in the loaded dataset |
| Fiducient Advisors | NONE | $13,800 | not reported in the loaded dataset |
| Cedar Rapids Bank And Trust | NONE | $8,621 | not reported in the loaded dataset |
| O'Sullivan Associates | NONE | $5,550 | not reported in the loaded dataset |