2023 Form 5500 filing — Local 522 Welfare Fund Of New York And New Jersey
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 20250428133253NAL0008062371001) for Local 522 Welfare Fund Of New York And New Jersey, reported by Board Of Trustees Of Local 522 Welfare Fund Of New York And New Jersey under EIN 11-2409162 and plan number 501. It reports 1,974 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250428133253NAL0008062371001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees Of Local 522 Welfare Fund Of New York And New Jersey
- EIN
- 11-2409162
- Plan number
- 501
- Location
- Brooklyn, NY
- Participants
- 1,974
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,196,784
- Total liabilities (EOY)
- $5,001,000
- Net assets (EOY)
- $6,195,784
- Employer contributions
- $28,022,900
- Participant contributions
- $58,205
- Total income / additions
- $29,041,392
- Benefits paid
- $30,047,433
- Administrative expenses
- $785,960
- Total expenses
- $30,833,393
- Net increase / (decrease)
- -$1,792,001
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Aetna Life Insurance Co. | NONE | $1,138,223 | not reported in the loaded dataset |
| United Teamster Fund | NONE | $545,091 | not reported in the loaded dataset |
| Dj O'Grady Consultant | NONE | $208,796 | not reported in the loaded dataset |
| Calibre Cpa Group, Pllc | AUDITOR | $80,884 | not reported in the loaded dataset |
| Cary Kane, Pllc | LEGAL COUNSEL | $45,050 | not reported in the loaded dataset |
| Healthplex, Inc. | NONE | $38,243 | not reported in the loaded dataset |
| United Healthcare Insurance Co. | NONE | $35,934 | not reported in the loaded dataset |
| First Actuarial Consulting, Inc. | NONE | $24,000 | not reported in the loaded dataset |
| Optum, Rx Inc. | NONE | $0 | $20,465 |
| Bridgeway Benefit Technologies | NONE | $17,659 | not reported in the loaded dataset |
| Eagle Capital Management | NONE | $10,726 | $0 |
| Morgan Stanley Smith Barney LLC | NONE | $10,000 | not reported in the loaded dataset |
| Principal Custody Solutions | NONE | $3,079 | $0 |