2023 Form 5500 filing — Operating Engineers' Local 324 Health Care 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 20250217151642NAL0001715265001) for Operating Engineers' Local 324 Health Care Plan, reported by Joint Board Of Trustees, Operating Engineers Local 324 under EIN 38-1940673 and plan number 501. It reports 10,917 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250217151642NAL0001715265001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Joint Board Of Trustees, Operating Engineers Local 324
- EIN
- 38-1940673
- Plan number
- 501
- Location
- Troy, MI
- Participants
- 10,917
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $136,633,680
- Total liabilities (EOY)
- $104,508,004
- Net assets (EOY)
- $32,125,676
- Employer contributions
- $135,438,940
- Participant contributions
- $20,040,037
- Total income / additions
- $161,488,636
- Benefits paid
- $156,506,554
- Administrative expenses
- $6,262,496
- Total expenses
- $162,769,050
- Net increase / (decrease)
- -$1,280,414
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Blue Cross Blue Shield Of Michigan | NONE KNOWN | $2,610,100 | $0 |
| Delta Dental Of Michigan | NONE KNOWN | $448,752 | not reported in the loaded dataset |
| Optum Rx Inc. | NONE KNOWN | $347,071 | $83,286 |
| Solxsys Administrative Solutions | NONE KNOWN | $296,895 | not reported in the loaded dataset |
| Plante & Moran, Pllc | NONE KNOWN | $168,525 | not reported in the loaded dataset |
| Stefansky, Holloway & Nichols, Inc. | NONE KNOWN | $139,208 | not reported in the loaded dataset |
| Weisman, Young & Ruemenapp, P.C. | NONE KNOWN | $133,545 | not reported in the loaded dataset |
| Benefits Partner LLC Dba Salus Grp | NONE KNOWN | $111,000 | $0 |
| Diane E Pizzo | EMPLOYEE | $90,240 | not reported in the loaded dataset |
| National Invstmnt Services Of Amer | NONE KNOWN | $74,903 | not reported in the loaded dataset |
| American Graphics Printing Co. | NONE KNOWN | $71,713 | not reported in the loaded dataset |
| Vandi Christie | EMPLOYEE | $65,663 | not reported in the loaded dataset |
| Stephanie Lupa | EMPLOYEE | $62,195 | not reported in the loaded dataset |
| Dominique Policicchio | EMPLOYEE | $53,453 | not reported in the loaded dataset |
| Construction Industry Resources Inc | NONE KNOWN | $47,500 | not reported in the loaded dataset |
| Morgan Ottenbacher | EMPLOYEE | $46,501 | not reported in the loaded dataset |
| Emily M Weeks | EMPLOYEE | $44,297 | not reported in the loaded dataset |
| Timothy Lalonde | EMPLOYEE | $38,698 | not reported in the loaded dataset |
| Asher Kelly | NONE KNOWN | $36,795 | not reported in the loaded dataset |
| Melanie Ann Mc Laren-Garcia | EMPLOYEE | $36,175 | not reported in the loaded dataset |
| Patricia K Devaney | EMPLOYEE | $35,972 | not reported in the loaded dataset |
| Novara Tesija Catenacci Mcdonald & | NONE KNOWN | $35,321 | not reported in the loaded dataset |
| Chadwick Capanda | EMPLOYEE | $31,498 | not reported in the loaded dataset |
| Brian Ganton | EMPLOYEE | $31,029 | not reported in the loaded dataset |
| Shayveon Gissendanner | EMPLOYEE | $29,310 | not reported in the loaded dataset |
| Brian Tatman | EMPLOYEE | $29,176 | not reported in the loaded dataset |
| Zenwork, Inc. | NONE KNOWN | $24,334 | not reported in the loaded dataset |
| Nepc, LLC | NONE KNOWN | $21,834 | not reported in the loaded dataset |
| Boyd Watterson Asset Management LLC | NONE KNOWN | $21,622 | not reported in the loaded dataset |
| The Bank Of New York Mellon | NONE KNOWN | $19,814 | $0 |
| Ebix Inc. | NONE KNOWN | $18,199 | not reported in the loaded dataset |
| Quadient, Inc. | NONE KNOWN | $16,180 | not reported in the loaded dataset |
| United Actuarial Services, Inc. | NONE KNOWN | $9,500 | not reported in the loaded dataset |
| Corrigan Record Storage, LLC | NONE KNOWN | $8,895 | not reported in the loaded dataset |
| Paychex Of New York LLC | NONE KNOWN | $6,241 | not reported in the loaded dataset |
| Victory Capital Management Inc. | NONE KNOWN | $5,614 | $0 |
| Applied Innovation | NONE KNOWN | $5,268 | not reported in the loaded dataset |
| Maddin, Hauser, Roth & Heller | NONE KNOWN | $5,213 | not reported in the loaded dataset |