2023 Form 5500 filing — Structural Iron Workers Local 1 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 20241010152454NAL0034595328002) for Structural Iron Workers Local 1 Welfare Fund, reported by Trustees Of Structural Iron Workers Local 1 Welfare Fund under EIN 36-2196735 and plan number 501. It reports 1,414 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010152454NAL0034595328002
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Trustees Of Structural Iron Workers Local 1 Welfare Fund
- EIN
- 36-2196735
- Plan number
- 501
- Location
- Forest Park, IL
- Participants
- 1,414
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $51,591,845
- Total liabilities (EOY)
- $4,722,027
- Net assets (EOY)
- $46,869,818
- Employer contributions
- $31,811,821
- Participant contributions
- $1,831,827
- Total income / additions
- $39,782,661
- Benefits paid
- $39,916,048
- Administrative expenses
- $784,061
- Total expenses
- $40,700,109
- Net increase / (decrease)
- -$917,448
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Blue Cross Blue Shield Of Illinois | NONE | $968,584 | $4 |
| Group Administrators, Ltd | NONE | $475,128 | $0 |
| Structural Iron Workers 1 Pension | AFFILIATED ORGANIZATION | $268,184 | not reported in the loaded dataset |
| Express Scripts | NONE | $209,997 | not reported in the loaded dataset |
| Remedy Analytics | NONE | $120,000 | not reported in the loaded dataset |
| Foster & Foster | NONE | $68,475 | not reported in the loaded dataset |
| National Investment Services | NONE | $57,384 | not reported in the loaded dataset |
| Legacy Professionals | NONE | $47,315 | not reported in the loaded dataset |
| Laner Muchin | NONE | $40,729 | not reported in the loaded dataset |
| Mcgann Ketterman And Rioux | NONE | $32,306 | not reported in the loaded dataset |
| Telus Health | NONE | $30,462 | not reported in the loaded dataset |
| Delta Dental | NONE | $26,969 | not reported in the loaded dataset |
| Vision Service Plan | NONE | $25,642 | not reported in the loaded dataset |
| Marquette Consulting | NONE | $10,000 | not reported in the loaded dataset |
| Interactive Health Benefits/Aca Tr. | NONE | $6,588 | not reported in the loaded dataset |
| Strategic Capital | NONE | $5,700 | not reported in the loaded dataset |
| Comerica | NONE | $3,520 | $0 |