2023 Form 5500 filing — Ibew Local Union No. 126 Health And Welfare Plan
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 20240925162946NAL0020236192001) for Ibew Local Union No. 126 Health And Welfare Plan, reported by Trustees Of Ibew Local Union No. 126 Health And Welfare Plan under EIN 23-6395223 and plan number 501. It reports 2,138 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240925162946NAL0020236192001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Trustees Of Ibew Local Union No. 126 Health And Welfare Plan
- EIN
- 23-6395223
- Plan number
- 501
- Location
- Collegeville, PA
- Participants
- 2,138
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $146,336,785
- Total liabilities (EOY)
- $3,872,232
- Net assets (EOY)
- $142,464,553
- Employer contributions
- $56,045,197
- Participant contributions
- $726,247
- Total income / additions
- $64,161,212
- Benefits paid
- $40,856,932
- Administrative expenses
- $2,388,306
- Total expenses
- $43,245,238
- Net increase / (decrease)
- $20,915,974
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Independent Administrators | NONE | $1,125,382 | not reported in the loaded dataset |
| Morgan Stanley Smith Barney, LLC | NONE | $194,865 | $0 |
| Principal Custody Solutions | NONE | $137,798 | not reported in the loaded dataset |
| Teladoc Inc | NONE | $133,138 | not reported in the loaded dataset |
| Lacher & Associates Ins. Agency Inc | NONE | $120,200 | not reported in the loaded dataset |
| Ibew Local Union No. 126 | RELATED | $119,953 | not reported in the loaded dataset |
| Delta Dental Of Pennsylvania | NONE | $78,725 | not reported in the loaded dataset |
| Compusys Of Utah, Inc. | NONE | $59,579 | not reported in the loaded dataset |
| Novak Francella, LLC | NONE | $46,170 | not reported in the loaded dataset |
| Guardian Life Insurance | NONE | $43,367 | not reported in the loaded dataset |
| Summit Actuarial | NONE | $39,076 | not reported in the loaded dataset |
| Fox Rothschild, Llp | NONE | $25,550 | not reported in the loaded dataset |
| Amerihealth Administrators | NONE | $20,823 | not reported in the loaded dataset |
| Bridgeway Benefit Technologies | NONE | $20,273 | not reported in the loaded dataset |
| Eyelation | NONE | $10,266 | not reported in the loaded dataset |
| Cleary & Josem Llp | NONE | $9,745 | not reported in the loaded dataset |