2023 Form 5500 filing — Ibew Local Union 375 Electricians' 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 20241001114939NAL0007019905001) for Ibew Local Union 375 Electricians' Welfare Fund, reported by Ibew Local Union 375 Electricans' Welfare Fund under EIN 23-6424575 and plan number 501. It reports 1,049 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001114939NAL0007019905001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Ibew Local Union 375 Electricans' Welfare Fund
- EIN
- 23-6424575
- Plan number
- 501
- Location
- Allentown, PA
- Participants
- 1,049
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,057,983
- Total liabilities (EOY)
- $1,856,530
- Net assets (EOY)
- $12,201,453
- Employer contributions
- $12,992,010
- Participant contributions
- $536,370
- Total income / additions
- $14,020,286
- Benefits paid
- $12,049,076
- Administrative expenses
- $497,147
- Total expenses
- $12,546,223
- Net increase / (decrease)
- $1,474,063
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Capital Blue Cross | NONE | $272,888 | not reported in the loaded dataset |
| Novak Francella, LLC | NONE | $36,762 | not reported in the loaded dataset |
| Meyer Unkovic Scott Llp | NONE | $20,573 | not reported in the loaded dataset |
| Christman And Company | NONE | $17,950 | not reported in the loaded dataset |
| Sav-Rx Prescription Services | NONE | $17,454 | not reported in the loaded dataset |
| Summit Actuarial Services LLC | NONE | $17,400 | not reported in the loaded dataset |
| Cowden Associates | NONE | $16,500 | not reported in the loaded dataset |
| Captrust | NONE | $15,381 | not reported in the loaded dataset |
| Delta Dental Of Pennsylvania | NONE | $14,993 | not reported in the loaded dataset |
| Bridgeway Benefit Technologies | NONE | $12,556 | not reported in the loaded dataset |
| O'Sullivan Associates | NONE | $12,500 | not reported in the loaded dataset |
| Hill, Barth, And King LLC | NONE | $10,000 | not reported in the loaded dataset |