2023 Form 5500 filing — Local 298 Health Benefit Fund I
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 20250311120223NAL0017481041001) for Local 298 Health Benefit Fund I, reported by Board Of Trustees Of Local 298 Health Benefit Fund 1 under EIN 11-1967404 and plan number 501. It reports 2,000 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250311120223NAL0017481041001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees Of Local 298 Health Benefit Fund 1
- EIN
- 11-1967404
- Plan number
- 501
- Location
- Valley Stream, NY
- Participants
- 2,000
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $23,094,575
- Total liabilities (EOY)
- $9,907,211
- Net assets (EOY)
- $13,187,364
- Employer contributions
- $40,246,577
- Participant contributions
- $251,836
- Total income / additions
- $42,685,627
- Benefits paid
- $40,553,143
- Administrative expenses
- $1,379,957
- Total expenses
- $41,933,100
- Net increase / (decrease)
- $752,527
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Dickinson Group | ADMINISTRATOR | $841,025 | not reported in the loaded dataset |
| Joseph Giovinco | EMPLOYEE | $120,755 | not reported in the loaded dataset |
| Victor Lagreca | EMPLOYEE/TRUSTEE | $61,145 | not reported in the loaded dataset |
| Bryan Mccarthy Esq | LAWYER | $45,000 | not reported in the loaded dataset |
| Weaver | AUDITOR | $45,000 | $0 |
| A. Digiovanni | FUND EMPLOYEE | $31,970 | not reported in the loaded dataset |
| Charles Clemenza | NONE | $28,974 | $0 |
| Matthew Alimena | NONE | $28,000 | $0 |
| N. Jean-Charles | FUND EMPLOYEE | $26,138 | not reported in the loaded dataset |
| Anthony Rainone | NONE | $20,509 | $0 |
| Nora Roa | NONE | $13,390 | $0 |
| Doreen Borruso | NONE | $11,901 | $0 |
| Gianna Tornetta | NONE | $10,745 | $0 |
| Summit Actuarial Services | ACTUARY | $10,000 | not reported in the loaded dataset |
| Lawrence S. Fischer, Cpa | ACCOUNTANT | $6,000 | not reported in the loaded dataset |