2023 Form 5500 filing — Local 25 New England Teamsters Savings And Investment 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 20241015142251NAL0028747329001) for Local 25 New England Teamsters Savings And Investment Plan, reported by New England Teamsters Local Union No. 25(Sip) under EIN 04-3320357 and plan number 001. It reports 0 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)$5.1MReported net assets$5,119,916
Participants0
Provider compensation$50.6K2 Schedule C row(s)$50,571
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241015142251NAL0028747329001
- Plan sponsor
- New England Teamsters Local Union No. 25(Sip)
- EIN
- 04-3320357
- Plan number
- 001
- Location
- Charlestown, MA
- 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)$5.1M total assets
Net assets$5.1MLiabilities$0
Full reported line items
- Total assets (EOY)
- $5,119,916
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,119,916
- Employer contributions
- $233,519
- Total income / additions
- $940,997
- Benefits paid
- $667,538
- Administrative expenses
- $50,572
- Total expenses
- $718,110
- Net increase / (decrease)
- $222,887
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Newport Group, Inc. | CONTRACT ADMIN | $27,046 | $0 |
| Global Retirement Partners | ADVISOR | $23,525 | not reported in the loaded dataset |