2023 Form 5500 filing — Ibew Local Union 347 Health And Welfare Plan
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 20241014120011NAL0014882371004) for Ibew Local Union 347 Health And Welfare Plan, reported by Ibew Local Union 347 & Iowa Chapter Of Neca Board Of Trustees under EIN 23-7091121 and plan number 501. It reports 2,098 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014120011NAL0014882371004
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Ibew Local Union 347 & Iowa Chapter Of Neca Board Of Trustees
- EIN
- 23-7091121
- Plan number
- 501
- Location
- Troy, MI
- Participants
- 2,098
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $73,525,576
- Total liabilities (EOY)
- $48,658,582
- Net assets (EOY)
- $24,866,994
- Employer contributions
- $35,487,720
- Participant contributions
- $497,312
- Total income / additions
- $42,775,467
- Benefits paid
- $37,774,977
- Administrative expenses
- $1,849,781
- Total expenses
- $39,624,758
- Net increase / (decrease)
- $3,150,709
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| United Healthcare Insurance Company | not reported in the loaded dataset | $915,408 | not reported in the loaded dataset |
| Compusys Of Utah, Inc. | not reported in the loaded dataset | $288,343 | not reported in the loaded dataset |
| Blake & Uhlig | not reported in the loaded dataset | $178,941 | not reported in the loaded dataset |
| United Actuarial Service | not reported in the loaded dataset | $56,817 | not reported in the loaded dataset |
| Deboer & Associates, Pc | not reported in the loaded dataset | $37,973 | not reported in the loaded dataset |
| Fiducient Advisors | not reported in the loaded dataset | $28,400 | not reported in the loaded dataset |
| Community Bank And Trust | not reported in the loaded dataset | $27,778 | not reported in the loaded dataset |
| Community State Bank | not reported in the loaded dataset | $6,037 | not reported in the loaded dataset |