2023 Form 5500 filing — Neca-Ibew Welfare Trust 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 20250411160935NAL0023500833002) for Neca-Ibew Welfare Trust Fund, reported by Board Of Trustees Of The Neca-Ibew Welfare Trust Fund under EIN 37-0738564 and plan number 501. It reports 13,054 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250411160935NAL0023500833002
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees Of The Neca-Ibew Welfare Trust Fund
- EIN
- 37-0738564
- Plan number
- 501
- Location
- Decatur, IL
- Participants
- 13,054
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $341,329,241
- Total liabilities (EOY)
- $41,845,778
- Net assets (EOY)
- $299,483,463
- Employer contributions
- $205,309,495
- Participant contributions
- $19,987,324
- Total income / additions
- $296,770,732
- Benefits paid
- $222,295,761
- Administrative expenses
- $6,988,715
- Total expenses
- $229,284,476
- Net increase / (decrease)
- $67,486,256
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Blue Cross Blue Shield Of Illinois | NONE | $5,185,412 | $0 |
| Ibew-Neca | ADMINISTRATOR | $3,632,064 | not reported in the loaded dataset |
| Desert Shore Capital Partners LLC | NONE | $1,468,074 | not reported in the loaded dataset |
| Inetico/Valenz Care | NONE | $608,447 | not reported in the loaded dataset |
| Bridgeview Benefit Technologies LLC | NONE | $463,528 | not reported in the loaded dataset |
| Medimpact Healthcare Systems Inc | NONE | $415,574 | not reported in the loaded dataset |
| Cvs/Caremark/Silverscript | NONE | $402,112 | not reported in the loaded dataset |
| Telligen | NONE | $373,388 | not reported in the loaded dataset |
| Buck Global | NONE | $299,390 | not reported in the loaded dataset |
| Redcard | NONE | $251,216 | not reported in the loaded dataset |
| American Realty Advisors | NONE | $231,100 | not reported in the loaded dataset |
| Ifm Investors Pty Ltd | NONE | $0 | $219,127 |
| Ullico Investments Advisors, Inc | NONE | $184,498 | not reported in the loaded dataset |
| Wex Health | NONE | $158,746 | not reported in the loaded dataset |
| Cavanagh & Ohara | NONE | $152,656 | not reported in the loaded dataset |
| United Actuarial Services, Inc | NONE | $140,983 | not reported in the loaded dataset |
| Crescent Capital High Income Fund B | NONE | $0 | $130,287 |
| Kerber, Eck & Braeckel Llp | NONE | $125,647 | not reported in the loaded dataset |
| The Guardian Life Insurance Co | NONE | $105,589 | not reported in the loaded dataset |
| Neopost Usa Inc | NONE | $80,050 | not reported in the loaded dataset |
| Classic Printing, Inc | NONE | $65,957 | not reported in the loaded dataset |
| Marquette Associates | NONE | $44,000 | not reported in the loaded dataset |
| Parametric Portfolio Associates LLC | NONE | $42,299 | not reported in the loaded dataset |
| Blackrock Institutional Tr Co | NONE | $40,101 | $0 |
| First American Administrators Inc | NONE | $34,530 | not reported in the loaded dataset |
| Quicksilver Mailing Services LLC | NONE | $28,528 | not reported in the loaded dataset |
| Fair Health, Inc | NONE | $23,097 | not reported in the loaded dataset |
| Eci Prefunding Credit Reimbursement | NONE | $19,423 | not reported in the loaded dataset |
| Correllian Software, Inc | NONE | $14,096 | not reported in the loaded dataset |
| Busey Bank | NONE | $10,335 | not reported in the loaded dataset |
| Comerica Bank | NONE | $5,408 | $0 |
| Pnc Bank, National Association | NONE | $0 | $0 |