Laborers Local 1298 Of Nassau & Suffolk Counties Welfare Fund — Form 5500 plan (Board Of Trustees Local 1298 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, Laborers Local 1298 Of Nassau & Suffolk Counties Welfare Fund is a benefit plan reported by Board Of Trustees Local 1298 Welfare Fund under EIN 11-1628171 and plan number 501. The latest loaded filing year is 2023. The filing reports 1,430 participants and $48,874,436 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Board Of Trustees Local 1298 Welfare Fund
- EIN
- 11-1628171
- Plan number
- 501
- Plan type
- 1
- Location
- Hempstead, NY
- Latest filing year
- 2023
- Participants
- 1,430
- End-of-year plan assets
- $48,874,436
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,430 | H, C | 20250414162725NAL0000917443001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $48,874,436
- Total liabilities (EOY)
- $14,437,237
- Net assets (EOY)
- $34,437,199
- Net assets (BOY)
- $32,035,908
Income & contributions
- Employer contributions
- $36,152,976
- Participant contributions
- $856,069
- Total contributions
- $37,009,045
- Total income / additions
- $39,871,196
Expenses & distributions
- Benefits paid
- $34,542,598
- Administrative expenses
- $2,927,307
- Total expenses
- $37,469,905
- Net increase / (decrease)
- $2,401,291
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Magnacare Administrative Services | CLAIMS PROCESSING | $1,083,850 | $0 | 2023 |
| Annalisa Defalco | PLAN ADMINISTRATOR | $175,963 | not reported in the loaded dataset | 2023 |
| Samantha Layton | EMPLOYEE | $151,980 | not reported in the loaded dataset | 2023 |
| Barnes, Iaccarino & Shepherd Llp | ATTORNEY | $134,588 | not reported in the loaded dataset | 2023 |
| James Cornell | EMPLOYEE | $116,739 | not reported in the loaded dataset | 2023 |
| Robin Sherman | EMPLOYEE | $109,435 | not reported in the loaded dataset | 2023 |
| The Segal Company, Inc. | ACTUARIAL | $106,544 | $0 | 2023 |
| Reyna Mendez | EMPLOYEE | $106,406 | not reported in the loaded dataset | 2023 |
| Workforce Assistance Programs | EAP SERVICES | $53,900 | not reported in the loaded dataset | 2023 |
| D.D. Services, Inc. | CLAIMS PROCESSING | $47,845 | not reported in the loaded dataset | 2023 |
| Gettry Marcus Cpa P.C. | ACCOUNTANT | $42,551 | not reported in the loaded dataset | 2023 |
| Rebecca Cornell | EMPLOYEE | $41,515 | not reported in the loaded dataset | 2023 |
| Citrin Cooperman & Company Llp | ACCOUNTANT | $37,264 | not reported in the loaded dataset | 2023 |
| Amalgamated Employee Benefits Admin | CLAIMS PROCESSING | $36,900 | not reported in the loaded dataset | 2023 |
| Tpa Corporation | COMPUTER CONSULTANT | $31,954 | not reported in the loaded dataset | 2023 |
| Boyd Watterson Asset Mgmt LLC | CUSTODIAN-MANAGER | $28,944 | not reported in the loaded dataset | 2023 |
| Dana Flynn | EMPLOYEE | $27,959 | not reported in the loaded dataset | 2023 |
| Citrin Cooperman Advisors LLC | ACCOUNTANT | $21,730 | not reported in the loaded dataset | 2023 |
| M&T Bank Trust & Pension Services | INVESTMENT CUSTODIAN | $21,639 | $0 | 2023 |
| Reynolds Consulting Services | INVESTMENT CONSULTANT | $20,003 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | CUSTODIAN-MANAGER | $15,888 | not reported in the loaded dataset | 2023 |
| Hess Technology Consulting | COMPUTER CONSULTANT | $15,124 | not reported in the loaded dataset | 2023 |
| Heartscan Services, Inc. | DIAGNOSTIC SERVICE | $11,750 | not reported in the loaded dataset | 2023 |
| The Bank Of New York Mellon | CUSTODIAN-MANAGER | $7,337 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Board Of Trustees Local 1298 Welfare Fund
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Hempstead, NY
- Magnacare Administrative Services — Schedule C compensation
- Annalisa Defalco — Schedule C compensation
- Samantha Layton — Schedule C compensation
- Barnes, Iaccarino & Shepherd Llp — Schedule C compensation
- James Cornell — Schedule C compensation
- Robin Sherman — Schedule C compensation
- The Segal Company, Inc. — Schedule C compensation
- Reyna Mendez — Schedule C compensation
- Workforce Assistance Programs — Schedule C compensation
- D.D. Services, Inc. — Schedule C compensation
- Gettry Marcus Cpa P.C. — Schedule C compensation
- Rebecca Cornell — Schedule C compensation
- Citrin Cooperman & Company Llp — Schedule C compensation
- Amalgamated Employee Benefits Admin — Schedule C compensation
- Tpa Corporation — Schedule C compensation
- Boyd Watterson Asset Mgmt LLC — Schedule C compensation
- Dana Flynn — Schedule C compensation
- Citrin Cooperman Advisors LLC — Schedule C compensation
- M&T Bank Trust & Pension Services — Schedule C compensation
- Reynolds Consulting Services — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation
- Hess Technology Consulting — Schedule C compensation
- Heartscan Services, Inc. — Schedule C compensation
- The Bank Of New York Mellon — Schedule C compensation