2023 Form 5500 filing — Teamsters Local 348 Health & 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 20241009150828NAL0009337203001) for Teamsters Local 348 Health & Welfare Fund, reported by Teamsters Local 348 Health & Welfare Fund under EIN 34-6564615 and plan number 501. It reports 438 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 1 · 2023
Filing snapshot
Net assets (EOY)$12.7MReported net assets$12,694,518
Participants438
Provider compensation$109.3K5 Schedule C row(s)$109,285
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241009150828NAL0009337203001
- Plan sponsor
- Teamsters Local 348 Health & Welfare Fund
- EIN
- 34-6564615
- Plan number
- 501
- Location
- Akron, OH
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$12.7M total assets
Net assets$12.7MLiabilities$1.1K
Full reported line items
- Total assets (EOY)
- $12,695,648
- Total liabilities (EOY)
- $1,130
- Net assets (EOY)
- $12,694,518
- Employer contributions
- $9,455,975
- Participant contributions
- $147,454
- Total income / additions
- $10,061,612
- Benefits paid
- $7,022,432
- Administrative expenses
- $219,807
- Total expenses
- $7,242,239
- Net increase / (decrease)
- $2,819,373
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Jennifer Carcione | EMPLOYEE | $48,760 | not reported in the loaded dataset |
| Dan Darrow | EMPLOYEE | $36,075 | not reported in the loaded dataset |
| Conner Darrow | EMPLOYEE | $10,600 | not reported in the loaded dataset |
| Swallen Lawhun & Co | UNION AUDITOR | $8,850 | not reported in the loaded dataset |
| Parsons Risk Strategies | ACTUARY | $5,000 | not reported in the loaded dataset |