2023 Form 5500 filing — Derrickmens Welfare Fund, Local 197
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 20241009142626NAL0010719059001) for Derrickmens Welfare Fund, Local 197, reported by Bd Of Tr Derrickmens Welfare Fund, Local 197 under EIN 13-6121369 and plan number 501. It reports 315 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009142626NAL0010719059001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Bd Of Tr Derrickmens Welfare Fund, Local 197
- EIN
- 13-6121369
- Plan number
- 501
- Location
- New York City, NY
- Participants
- 315
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $4,727,261
- Total liabilities (EOY)
- $952,355
- Net assets (EOY)
- $3,774,906
- Employer contributions
- $1,684,372
- Participant contributions
- $3,246,201
- Total income / additions
- $5,256,901
- Benefits paid
- $5,453,326
- Administrative expenses
- $267,446
- Total expenses
- $5,720,772
- Net increase / (decrease)
- -$463,871
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Schultheis & Panettieri, Llp | ACCOUNTANT | $70,707 | not reported in the loaded dataset |
| Daniel H. Cook Associates, Inc | CONTRACT ADMIN | $70,666 | not reported in the loaded dataset |
| Colleran, O'Hara & Mills, Llp | ATTORNEY | $31,683 | not reported in the loaded dataset |
| The Segal Co. (Eastern States), Inc | NONE | $24,482 | not reported in the loaded dataset |
| Law Office Of Steven N. Davi, Pllc | NONE | $11,500 | not reported in the loaded dataset |
| Wells Fargo Advisors, LLC | NONE | $6,000 | $0 |