2023 Form 5500 filing — Teamsters Union Local 653 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 20240925085629NAL0028559634001) for Teamsters Union Local 653 Welfare Fund, reported by Teamsters Union Local 653 Welfare Fund under EIN 04-2149479 and plan number 501. It reports 1,499 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20240925085629NAL0028559634001
Filing year
2023
Form type
1
Plan sponsor
Teamsters Union Local 653 Welfare Fund
EIN
04-2149479
Plan number
501
Location
South Easton, MA
Participants
1,499
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$65,252,957
Total liabilities (EOY)
$25,421
Net assets (EOY)
$65,227,536
Employer contributions
$29,566,012
Participant contributions
$787,471
Total income / additions
$36,019,888
Benefits paid
$30,933,118
Administrative expenses
$2,823,574
Total expenses
$33,756,692
Net increase / (decrease)
$2,263,196
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Blue Cross Blue ShieldNONE$1,117,902not reported in the loaded dataset
Regan AssociatesNONE$406,640not reported in the loaded dataset
Morgan StanleyNONE$377,761$0
D. ReyesEMPLOYEE$107,330not reported in the loaded dataset
Delta DentalNONE$93,001not reported in the loaded dataset
Willis Of Massachusetts IncNONE$84,833not reported in the loaded dataset
K. AraujoEMPLOYEE$64,483not reported in the loaded dataset
Manzi & Associates LLCNONE$60,796not reported in the loaded dataset
4a Hampden TrustNONE$60,338not reported in the loaded dataset
Feinberg, Dumont & BrennanNONE$47,622not reported in the loaded dataset
Optum RxNONE$45,230not reported in the loaded dataset
Marcie LeeEMPLOYEE$41,772not reported in the loaded dataset
T. BailowEMPLOYEE$36,264not reported in the loaded dataset
Blue Harbor TechnologyNONE$14,143not reported in the loaded dataset
Benefit Coordinators Of AmericaNONE$9,500not reported in the loaded dataset
Davis VisionNONE$5,405not reported in the loaded dataset

Related Form 5500 pages