2023 Form 5500 filing — Teamsters Local 493 Health Service & Insurance 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 20250414145632NAL0000810595002) for Teamsters Local 493 Health Service & Insurance Plan, reported by Board Of Trustees Teamsters Local 493 Health Services & Ins Plan under EIN 06-0942903 and plan number 501. It reports 1,258 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250414145632NAL0000810595002
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees Teamsters Local 493 Health Services & Ins Plan
- EIN
- 06-0942903
- Plan number
- 501
- Location
- Uncasville, CT
- Participants
- 1,258
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $80,055,977
- Total liabilities (EOY)
- $2,381,027
- Net assets (EOY)
- $77,674,950
- Employer contributions
- $14,485,431
- Participant contributions
- $230,570
- Total income / additions
- $22,244,663
- Benefits paid
- $15,456,081
- Administrative expenses
- $1,125,044
- Total expenses
- $16,581,125
- Net increase / (decrease)
- $5,663,538
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Tri State Joint Fund | AFFILIATED ORGANIZATION | $387,180 | not reported in the loaded dataset |
| Anthem Blue Cross Blue Shield | NONE | $243,842 | $0 |
| Claims Processor | EMPLOYEE | $75,892 | not reported in the loaded dataset |
| Morgan Stanley | NONE | $73,364 | $0 |
| Fund Manager | EMPLOYEE | $70,763 | not reported in the loaded dataset |
| Claims Processor | EMPLOYEE | $56,406 | not reported in the loaded dataset |
| Claims Processor | EMPLOYEE | $37,722 | not reported in the loaded dataset |
| Valenz Health | NONE | $37,398 | not reported in the loaded dataset |
| Uprise Health | NONE | $25,763 | not reported in the loaded dataset |
| Mpl LLC | NONE | $0 | $22,554 |
| Nicholas Reut | EMPLOYER TRUSTEE | $20,027 | not reported in the loaded dataset |
| Earnest Partners LLC | NONE | $18,905 | not reported in the loaded dataset |
| Boyd Watterson Asset Mgmt | NONE | $18,412 | not reported in the loaded dataset |
| Allegiant Rx | NONE | $12,910 | not reported in the loaded dataset |
| Optum Rx | NONE | $7,523 | $3,834 |
| Waycross Partners LLC | NONE | $9,361 | not reported in the loaded dataset |
| Craig Mitchell | UNION TRUSTEE | $5,227 | not reported in the loaded dataset |