Local 298 Health Benefit Fund I — Form 5500 plan (Board Of Trustees Of Local 298 Health Benefit Fund 1)
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 298 Health Benefit Fund I is a benefit plan reported by Board Of Trustees Of Local 298 Health Benefit Fund 1 under EIN 11-1967404 and plan number 501. The latest loaded filing year is 2023. The filing reports 2,000 participants and $23,094,575 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Board Of Trustees Of Local 298 Health Benefit Fund 1
- EIN
- 11-1967404
- Plan number
- 501
- Plan type
- 1
- Location
- Valley Stream, NY
- Latest filing year
- 2023
- Participants
- 2,000
- End-of-year plan assets
- $23,094,575
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,000 | H, C | 20250311120223NAL0017481041001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $23,094,575
- Total liabilities (EOY)
- $9,907,211
- Net assets (EOY)
- $13,187,364
- Net assets (BOY)
- $12,434,837
Income & contributions
- Employer contributions
- $40,246,577
- Participant contributions
- $251,836
- Total contributions
- $40,498,413
- Total income / additions
- $42,685,627
Expenses & distributions
- Benefits paid
- $40,553,143
- Administrative expenses
- $1,379,957
- Total expenses
- $41,933,100
- Net increase / (decrease)
- $752,527
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Dickinson Group | ADMINISTRATOR | $841,025 | not reported in the loaded dataset | 2023 |
| Joseph Giovinco | EMPLOYEE | $120,755 | not reported in the loaded dataset | 2023 |
| Victor Lagreca | EMPLOYEE/TRUSTEE | $61,145 | not reported in the loaded dataset | 2023 |
| Bryan Mccarthy Esq | LAWYER | $45,000 | not reported in the loaded dataset | 2023 |
| Weaver | AUDITOR | $45,000 | $0 | 2023 |
| A. Digiovanni | FUND EMPLOYEE | $31,970 | not reported in the loaded dataset | 2023 |
| Charles Clemenza | NONE | $28,974 | $0 | 2023 |
| Matthew Alimena | NONE | $28,000 | $0 | 2023 |
| N. Jean-Charles | FUND EMPLOYEE | $26,138 | not reported in the loaded dataset | 2023 |
| Anthony Rainone | NONE | $20,509 | $0 | 2023 |
| Nora Roa | NONE | $13,390 | $0 | 2023 |
| Doreen Borruso | NONE | $11,901 | $0 | 2023 |
| Gianna Tornetta | NONE | $10,745 | $0 | 2023 |
| Summit Actuarial Services | ACTUARY | $10,000 | not reported in the loaded dataset | 2023 |
| Lawrence S. Fischer, Cpa | ACCOUNTANT | $6,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Board Of Trustees Of Local 298 Health Benefit Fund 1
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Valley Stream, NY
- Dickinson Group — Schedule C compensation
- Joseph Giovinco — Schedule C compensation
- Victor Lagreca — Schedule C compensation
- Bryan Mccarthy Esq — Schedule C compensation
- Weaver — Schedule C compensation
- A. Digiovanni — Schedule C compensation
- Charles Clemenza — Schedule C compensation
- Matthew Alimena — Schedule C compensation
- N. Jean-Charles — Schedule C compensation
- Anthony Rainone — Schedule C compensation
- Nora Roa — Schedule C compensation
- Doreen Borruso — Schedule C compensation
- Gianna Tornetta — Schedule C compensation
- Summit Actuarial Services — Schedule C compensation
- Lawrence S. Fischer, Cpa — Schedule C compensation