2023 Form 5500 filing — Plumbers & Pipefitters Local 123 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 20240729110127NAL0019249809001) for Plumbers & Pipefitters Local 123 Welfare Fund, reported by Board Of Trustees Of Plumbers And Pipefitters Local 123 Welfare Fund under EIN 59-6134275 and plan number 501. It reports 460 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240729110127NAL0019249809001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees Of Plumbers And Pipefitters Local 123 Welfare Fund
- EIN
- 59-6134275
- Plan number
- 501
- Location
- Jacksonville, FL
- Participants
- 460
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $15,208,705
- Total liabilities (EOY)
- $485,895
- Net assets (EOY)
- $14,722,810
- Employer contributions
- $6,383,511
- Participant contributions
- $80,094
- Total income / additions
- $7,616,340
- Benefits paid
- $4,656,445
- Administrative expenses
- $382,071
- Total expenses
- $5,038,516
- Net increase / (decrease)
- $2,577,824
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| United Healthcare Insurance Co | NONE | $325,716 | not reported in the loaded dataset |
| National Employee Benefit Administr | NONE | $125,424 | not reported in the loaded dataset |
| Lassiterware Benefit Consultants | NONE | $90,555 | not reported in the loaded dataset |
| Procare Pharmacy Benefit Manager | NONE | $50,007 | not reported in the loaded dataset |
| Legacy Professionals Llp | NONE | $26,651 | not reported in the loaded dataset |
| Plumbers And Pipefitters Local 123 | RELATED LOCAL UNION | $26,351 | not reported in the loaded dataset |
| Venable Law Firm | NONE | $25,622 | not reported in the loaded dataset |
| Medexpert International Inc | NONE | $19,625 | not reported in the loaded dataset |
| Morgan Stanley Smith Barney | NONE | $14,903 | $0 |
| Laurel Mountain Consulting | NONE | $11,536 | not reported in the loaded dataset |
| Horizon Actuarial Services | NONE | $10,000 | not reported in the loaded dataset |