Teamsters Union Local 653 Welfare Fund — Form 5500 plan (Teamsters Union Local 653 Welfare Fund)
Plain-English plan 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, Teamsters Union Local 653 Welfare Fund is a benefit plan reported by Teamsters Union Local 653 Welfare Fund under EIN 04-2149479 and plan number 501. The latest loaded filing year is 2023. The filing reports 1,499 participants and $65,252,957 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Teamsters Union Local 653 Welfare Fund
- EIN
- 04-2149479
- Plan number
- 501
- Plan type
- 1
- Location
- South Easton, MA
- Latest filing year
- 2023
- Participants
- 1,499
- End-of-year plan assets
- $65,252,957
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,499 | H, C | 20240925085629NAL0028559634001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $65,252,957
- Total liabilities (EOY)
- $25,421
- Net assets (EOY)
- $65,227,536
- Net assets (BOY)
- $62,964,340
Income & contributions
- Employer contributions
- $29,566,012
- Participant contributions
- $787,471
- Total contributions
- $30,353,483
- Total income / additions
- $36,019,888
Expenses & distributions
- Benefits paid
- $30,933,118
- Administrative expenses
- $2,823,574
- Total expenses
- $33,756,692
- Net increase / (decrease)
- $2,263,196
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Blue Cross Blue Shield | NONE | $1,117,902 | not reported in the loaded dataset | 2023 |
| Regan Associates | NONE | $406,640 | not reported in the loaded dataset | 2023 |
| Morgan Stanley | NONE | $377,761 | $0 | 2023 |
| D. Reyes | EMPLOYEE | $107,330 | not reported in the loaded dataset | 2023 |
| Delta Dental | NONE | $93,001 | not reported in the loaded dataset | 2023 |
| Willis Of Massachusetts Inc | NONE | $84,833 | not reported in the loaded dataset | 2023 |
| K. Araujo | EMPLOYEE | $64,483 | not reported in the loaded dataset | 2023 |
| Manzi & Associates LLC | NONE | $60,796 | not reported in the loaded dataset | 2023 |
| 4a Hampden Trust | NONE | $60,338 | not reported in the loaded dataset | 2023 |
| Feinberg, Dumont & Brennan | NONE | $47,622 | not reported in the loaded dataset | 2023 |
| Optum Rx | NONE | $45,230 | not reported in the loaded dataset | 2023 |
| Marcie Lee | EMPLOYEE | $41,772 | not reported in the loaded dataset | 2023 |
| T. Bailow | EMPLOYEE | $36,264 | not reported in the loaded dataset | 2023 |
| Blue Harbor Technology | NONE | $14,143 | not reported in the loaded dataset | 2023 |
| Benefit Coordinators Of America | NONE | $9,500 | not reported in the loaded dataset | 2023 |
| Davis Vision | NONE | $5,405 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Teamsters Union Local 653 Welfare Fund
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in South Easton, MA
- Blue Cross Blue Shield — Schedule C compensation
- Regan Associates — Schedule C compensation
- Morgan Stanley — Schedule C compensation
- D. Reyes — Schedule C compensation
- Delta Dental — Schedule C compensation
- Willis Of Massachusetts Inc — Schedule C compensation
- K. Araujo — Schedule C compensation
- Manzi & Associates LLC — Schedule C compensation
- 4a Hampden Trust — Schedule C compensation
- Feinberg, Dumont & Brennan — Schedule C compensation
- Optum Rx — Schedule C compensation
- Marcie Lee — Schedule C compensation
- T. Bailow — Schedule C compensation
- Blue Harbor Technology — Schedule C compensation
- Benefit Coordinators Of America — Schedule C compensation
- Davis Vision — Schedule C compensation