2023 Form 5500 filing — Plumbers Local Union No 24 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 20250213170559NAL0038232688001) for Plumbers Local Union No 24 Welfare Fund, reported by Plumbers Local Union No 24 Welfare Fund under EIN 22-6044230 and plan number 501. It reports 1,026 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250213170559NAL0038232688001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Plumbers Local Union No 24 Welfare Fund
- EIN
- 22-6044230
- Plan number
- 501
- Location
- West Trenton, NJ
- Participants
- 1,026
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $41,092,563
- Total liabilities (EOY)
- $3,902,629
- Net assets (EOY)
- $37,189,934
- Employer contributions
- $19,579,310
- Participant contributions
- $712,242
- Total income / additions
- $22,766,710
- Benefits paid
- $19,979,233
- Administrative expenses
- $767,735
- Total expenses
- $20,746,968
- Net increase / (decrease)
- $2,019,742
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Horizon Healthcare Services, Inc | CONTRACT ADMINISTRATOR | $398,832 | $0 |
| I E Shaffer & Co | NONE | $337,958 | not reported in the loaded dataset |
| Capital Rx, Inc. | CONTRACT ADMINISTRATOR | $168,041 | not reported in the loaded dataset |
| Labor First LLC | CONTRACT ADMINISTRATOR | $79,821 | not reported in the loaded dataset |
| Gerson & Associates Cpas And Adviso | NONE | $42,082 | not reported in the loaded dataset |
| Plumbers Local Union No. 24 Pension | AFFILIATED | $40,364 | not reported in the loaded dataset |
| Weaver C Barksdale | NONE | $32,891 | not reported in the loaded dataset |
| Basil Castrovinci Associates | NONE | $29,820 | not reported in the loaded dataset |
| Amalgamated Bank | NONE | $13,897 | $0 |
| Lindabury, Mccormack & Estabrook | NONE | $12,403 | not reported in the loaded dataset |
| Oransky, Scaraggi, & Borg, P.C. | NONE | $9,750 | not reported in the loaded dataset |
| Milliman Inc. | NONE | $9,406 | $0 |
| Zazzali, Fagella, Nowak Kleinbaum, | NONE | $7,334 | not reported in the loaded dataset |