2023 Form 5500 filing — Teamsters Local 418 Pension 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 20241007170642NAL0009077203001) for Teamsters Local 418 Pension Plan, reported by Teamsters Local 418 Pension Fund under EIN 22-6128536 and plan number 001. It reports 221 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007170642NAL0009077203001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Teamsters Local 418 Pension Fund
- EIN
- 22-6128536
- Plan number
- 001
- Location
- North Brunswick, NJ
- Participants
- 221
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,073,903
- Net assets (EOY)
- $3,073,903
- Employer contributions
- $222,574
- Total income / additions
- $642,439
- Benefits paid
- $208,343
- Administrative expenses
- $120,759
- Total expenses
- $329,102
- Net increase / (decrease)
- $313,337
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| First Actuarial Consulting, Inc. | NONE | $23,200 | not reported in the loaded dataset |
| Mspc Cpa'S And Advisors | ACCOUNTANT FOR LOCAL 701 | $18,475 | not reported in the loaded dataset |
| Paul A. Montalbano, Esq., LLC | ATTORNEY FOR LOCAL 701 | $9,250 | not reported in the loaded dataset |
| Hgk Asset Management, Inc. | NONE | $5,153 | $0 |