2023 Form 5500 filing — Insulators Local No. 53 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 20241009160813NAL0019600625001) for Insulators Local No. 53 Welfare Fund, reported by Insulators Local No. 53 Welfare Fund under EIN 72-0455641 and plan number 501. It reports 146 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20241009160813NAL0019600625001
Filing year
2023
Form type
1
Plan sponsor
Insulators Local No. 53 Welfare Fund
EIN
72-0455641
Plan number
501
Location
Kenner, LA
Participants
146
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$8,227,715
Total liabilities (EOY)
$1,053,714
Net assets (EOY)
$7,174,001
Employer contributions
$1,355,822
Participant contributions
$104,023
Total income / additions
$1,959,723
Benefits paid
$1,071,508
Administrative expenses
$298,052
Total expenses
$1,369,560
Net increase / (decrease)
$590,163
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Blue Cross Blue Shield Of LouisianaCLAIMS PROCESSOR$61,113not reported in the loaded dataset
Horizon Actuarial ServicesCONSULTANT$45,801not reported in the loaded dataset
Sei Investment Management CorpINVESTMENT CUSTODIAN$27,653$0
Ted Soileau Cpa LLCACCOUNTANT$23,468not reported in the loaded dataset
Robein, Urann, Spencer & CongemiATTORNEY$20,006not reported in the loaded dataset
Ryan BordelonFUND ADMINISTRATOR$16,511not reported in the loaded dataset

Related Form 5500 pages