2023 Form 5500 filing — Ibew Local 701 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 20250214103322NAL0048059746002) for Ibew Local 701 Welfare Fund, reported by Board Of Trustees-Ibew Local 701 Welfare Fund under EIN 36-2951116 and plan number 501. It reports 2,230 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250214103322NAL0048059746002
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees-Ibew Local 701 Welfare Fund
- EIN
- 36-2951116
- Plan number
- 501
- Location
- Warrenville, IL
- Participants
- 2,230
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $75,593,982
- Total liabilities (EOY)
- $22,885,816
- Net assets (EOY)
- $52,708,166
- Employer contributions
- $34,999,798
- Participant contributions
- $4,101,862
- Total income / additions
- $44,394,631
- Benefits paid
- $44,061,180
- Administrative expenses
- $1,814,199
- Total expenses
- $45,875,379
- Net increase / (decrease)
- -$1,480,748
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Marathon Health LLC | NONE | $1,117,824 | not reported in the loaded dataset |
| Health Care Service Corporation | NONE | $778,046 | $0 |
| Union Eyes | NONE | $554,753 | not reported in the loaded dataset |
| Terry Musto | EMPLOYEE | $135,180 | not reported in the loaded dataset |
| Charley Galassini | EMPLOYEE | $129,948 | not reported in the loaded dataset |
| Brian Benson | EMPLOYEE | $115,079 | not reported in the loaded dataset |
| Bridgeway Benefit Technologies | NONE | $106,012 | not reported in the loaded dataset |
| Beverly Harrison | EMPLOYEE | $99,054 | not reported in the loaded dataset |
| Red-Card Systems, LLC | NONE | $84,461 | not reported in the loaded dataset |
| Ashley N. Treder | EMPLOYEE | $74,532 | not reported in the loaded dataset |
| Cynthia Polster | EMPLOYEE | $72,780 | not reported in the loaded dataset |
| Foster & Foster, Inc. | NONE | $72,252 | not reported in the loaded dataset |
| Holly Russell | EMPLOYEE | $63,264 | not reported in the loaded dataset |
| Sav-Rx Prescription Service | NONE | $56,744 | not reported in the loaded dataset |
| Arnold & Kadjan Llp | NONE | $51,818 | not reported in the loaded dataset |
| Delta Dental Of Illinois | NONE | $51,014 | not reported in the loaded dataset |
| Total Administrative Services Corp | NONE | $49,789 | not reported in the loaded dataset |
| Asb Capital Management, LLC | NONE | $49,067 | $0 |
| Sarah Garlinger | EMPLOYEE | $48,419 | not reported in the loaded dataset |
| Diana Sabal | EMPLOYEE | $48,223 | not reported in the loaded dataset |
| Absolute Solutions | NONE | $48,160 | not reported in the loaded dataset |
| National Investment Services, Inc | NONE | $47,730 | not reported in the loaded dataset |
| Lasalle Consulting Partners Inc. | NONE | $46,533 | not reported in the loaded dataset |
| Cheryl Martinez | EMPLOYEE | $44,661 | not reported in the loaded dataset |
| Bmo Harris | NONE | $40,430 | $0 |
| Med-Care Management | NONE | $40,387 | not reported in the loaded dataset |
| Christina Zamora | EMPLOYEE | $35,746 | not reported in the loaded dataset |
| Legacy Professionals, Llp | NONE | $33,012 | not reported in the loaded dataset |
| Calibre Cpa Group, Pllc | NONE | $29,650 | not reported in the loaded dataset |
| Richard J Wolf & Company Inc. | NONE | $17,294 | not reported in the loaded dataset |
| Marquette & Associates | NONE | $15,600 | not reported in the loaded dataset |
| National Vision Administrators, LLC | NONE | $12,830 | not reported in the loaded dataset |
| Eric J Fernandez & Co | NONE | $9,913 | not reported in the loaded dataset |
| Morgan Birge And Associates | NONE | $9,652 | not reported in the loaded dataset |
| Gregorio Stec Klein And Hose | NONE | $5,295 | not reported in the loaded dataset |