2023 Form 5500 filing — Health Reimbursement Account Plan Of The Electrical Industry
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 20241013155549NAL0042437424001) for Health Reimbursement Account Plan Of The Electrical Industry, reported by Board Of Trustees Of The Health Reimb Acct Fund Of The Elec Ind under EIN 56-2489386 and plan number 513. It reports 39,060 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241013155549NAL0042437424001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees Of The Health Reimb Acct Fund Of The Elec Ind
- EIN
- 56-2489386
- Plan number
- 513
- Location
- Flushing, NY
- Participants
- 39,060
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $126,454,473
- Total liabilities (EOY)
- $49,232
- Net assets (EOY)
- $126,405,241
- Employer contributions
- $48,980,139
- Total income / additions
- $52,253,670
- Benefits paid
- $53,622,072
- Administrative expenses
- $2,177,151
- Total expenses
- $55,799,223
- Net increase / (decrease)
- -$3,545,553
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Optum Financial | NONE | $1,244,434 | not reported in the loaded dataset |
| Joint Industry Board | PLAN ADMINISTRATOR | $691,730 | not reported in the loaded dataset |
| H&H Graphic Printing | NONE | $52,956 | not reported in the loaded dataset |
| Alliant Insurance Services Inc. | NONE | $12,850 | not reported in the loaded dataset |
| State Street Bank & Trust Company | NONE | $1,852 | $0 |