2023 Form 5500 filing — Iuoe Local 295-295b,C,D 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 20241015223733NAL0029800353002) for Iuoe Local 295-295b,C,D Welfare Fund, reported by International Union Of Operating Engineers Welfare Fund Local 295 under EIN 11-1964991 and plan number 501. It reports 503 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015223733NAL0029800353002
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- International Union Of Operating Engineers Welfare Fund Local 295
- EIN
- 11-1964991
- Plan number
- 501
- Location
- Maspeth, NY
- Participants
- 503
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,651,536
- Total liabilities (EOY)
- $3,179,486
- Net assets (EOY)
- $15,472,050
- Employer contributions
- $7,428,338
- Participant contributions
- $80,846
- Total income / additions
- $10,097,399
- Benefits paid
- $11,246,710
- Administrative expenses
- $1,302,642
- Total expenses
- $12,549,352
- Net increase / (decrease)
- -$2,451,953
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Angelo Cordisco | PLAN ADMINISTRATOR | $152,376 | not reported in the loaded dataset |
| Empire Healthchoice Assurance, Inc. | CLAIMS PROCESSOR | $128,079 | not reported in the loaded dataset |
| Insurance Design Administrators | THIRD PARTY ADMINISTRATOR | $122,533 | not reported in the loaded dataset |
| Marianne Staiti | OFFICE MANAGER | $86,360 | not reported in the loaded dataset |
| Stephen Mogila | GENERAL COUNSEL | $78,819 | not reported in the loaded dataset |
| Nina Dicioccio | ADMIN ASSISTANT | $47,838 | not reported in the loaded dataset |
| Citrin Cooperman | ACCOUNTANTS | $45,804 | not reported in the loaded dataset |
| Kim Blair | ADMIN ASSISTANT | $43,822 | not reported in the loaded dataset |
| Morgan Stanley Smith Barney LLC | INVESTMENT CUSTODIAN | $43,161 | not reported in the loaded dataset |
| Buchbinder Tunick & Company Llp | AUDITORS | $38,563 | not reported in the loaded dataset |
| First Actuarial Consulting | ACTUARY | $23,000 | not reported in the loaded dataset |
| Michael J. Comerford, P.C. | ATTORNEYS | $18,210 | not reported in the loaded dataset |
| Frontline Managed Services | CONSULTANTS | $15,941 | not reported in the loaded dataset |
| Union Benefit Planners, Inc. | INSURANCE BROKER | $15,000 | $0 |
| Decusoft, LLC | CONSULTANTS | $12,212 | not reported in the loaded dataset |