Local 25 New England Teamsters Savings And Investment Plan — Form 5500 plan (New England Teamsters Local Union No. 25(Sip))
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, Local 25 New England Teamsters Savings And Investment Plan is a benefit plan reported by New England Teamsters Local Union No. 25(Sip) under EIN 04-3320357 and plan number 001. The latest loaded filing year is 2023. The filing reports 0 participants and $5,119,916 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- New England Teamsters Local Union No. 25(Sip)
- EIN
- 04-3320357
- Plan number
- 001
- Plan type
- 1
- Location
- Charlestown, MA
- Latest filing year
- 2023
- Participants
- 0
- End-of-year plan assets
- $5,119,916
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 0 | H, C | 20241015142251NAL0028747329001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,119,916
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,119,916
- Net assets (BOY)
- $4,897,029
Income & contributions
- Employer contributions
- $233,519
- Total contributions
- $233,519
- Total income / additions
- $940,997
Expenses & distributions
- Benefits paid
- $667,538
- Administrative expenses
- $50,572
- Total expenses
- $718,110
- Net increase / (decrease)
- $222,887
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Newport Group, Inc. | CONTRACT ADMIN | $27,046 | $0 | 2023 |
| Global Retirement Partners | ADVISOR | $23,525 | not reported in the loaded dataset | 2023 |