2023 Form 5500 filing — Canton Electrical Welfare 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 20250814091506NAL0005328739001) for Canton Electrical Welfare Fund, reported by Board Of Trustees Canton Electrical Welfare Fund under EIN 34-6573626 and plan number 501. It reports 904 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250814091506NAL0005328739001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees Canton Electrical Welfare Fund
- EIN
- 34-6573626
- Plan number
- 501
- Location
- Canfield, OH
- Participants
- 904
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $21,619,699
- Total liabilities (EOY)
- $1,185,408
- Net assets (EOY)
- $20,434,291
- Employer contributions
- $7,837,920
- Participant contributions
- $2,917,500
- Total income / additions
- $14,788,859
- Benefits paid
- $12,973,511
- Administrative expenses
- $808,620
- Total expenses
- $13,782,131
- Net increase / (decrease)
- $1,006,728
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Anthem | CLAIMS ADMINISTRATOR | $433,089 | not reported in the loaded dataset |
| Benesys, Inc | THIRD PARTY ADMINISTRATOR | $114,080 | not reported in the loaded dataset |
| The Segal Company | CONSULTING | $91,125 | not reported in the loaded dataset |
| Macala & Piatt | ATTORNEY | $42,992 | not reported in the loaded dataset |
| Yurchyk & Davis Cpa'S Inc. | AUDITOR | $21,400 | not reported in the loaded dataset |
| Mariner Institutional LLC | INVESTMENT CONSULTANT | $20,000 | not reported in the loaded dataset |
| Keybank | INVESTMENT CUSTODIAN | $9,500 | $0 |
| United Actuarial Services | ACTUARY | $9,500 | not reported in the loaded dataset |
| City Printing | PRINTING SERVICES | $7,930 | not reported in the loaded dataset |
| Pnc Bank | BANKING SERVICES | $6,596 | not reported in the loaded dataset |