Local 580 Insurance Fund — Form 5500 plan (Board Of Trustees Local 580 Insurance 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, Local 580 Insurance Fund is a benefit plan reported by Board Of Trustees Local 580 Insurance Fund under EIN 13-6178513 and plan number 501. The latest loaded filing year is 2023. The filing reports 2,413 participants and $328,018,788 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Board Of Trustees Local 580 Insurance Fund
EIN
13-6178513
Plan number
501
Plan type
1
Location
New York, NY
Latest filing year
2023
Participants
2,413
End-of-year plan assets
$328,018,788

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,413H, C20241011085521NAL0021552369001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$328,018,788
Total liabilities (EOY)
$19,338,738
Net assets (EOY)
$308,680,050
Net assets (BOY)
$301,280,099

Income & contributions

Employer contributions
$39,153,061
Participant contributions
$412,142
Total contributions
$39,565,203
Total income / additions
$61,763,372

Expenses & distributions

Benefits paid
$52,363,376
Administrative expenses
$2,000,045
Total expenses
$54,363,421
Net increase / (decrease)
$7,399,951

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empire Bluecross BlueshieldNONE$1,409,353$3,171,1772023
Richard FalascaNONE$198,846not reported in the loaded dataset2023
Jp Morgan Investment Management IncNONE$194,686not reported in the loaded dataset2023
Brendan TormeyNONE$183,607not reported in the loaded dataset2023
Ryan HerbertNONE$180,885not reported in the loaded dataset2023
John CumberlandNONE$160,891not reported in the loaded dataset2023
Loomis Sayles Trust CompanyNONE$130,206not reported in the loaded dataset2023
Thomas LecompteNONE$127,628not reported in the loaded dataset2023
Rejus SkeirisNONE$118,225not reported in the loaded dataset2023
Lord Abbett & Co LLCNONE$114,365not reported in the loaded dataset2023
Joint Multi Service Associates LtdNONE$107,824not reported in the loaded dataset2023
Diana ContrerasNONE$85,632not reported in the loaded dataset2023
The Segal Company (Eastern States)NONE$84,114not reported in the loaded dataset2023
Steven N Davi PllcNONE$82,106not reported in the loaded dataset2023
Colleran O'Hara And Mills LlpATTORNEY$81,072not reported in the loaded dataset2023
Vanya WestNONE$79,720not reported in the loaded dataset2023
Ziegler Capital Management LLCNONE$79,677not reported in the loaded dataset2023
Evelyn RodriguezNONE$79,316not reported in the loaded dataset2023
Barbara ArmstrongNONE$74,092not reported in the loaded dataset2023
Guardian Life Insurance CoNONE$73,087not reported in the loaded dataset2023
Rookmini PrasadNONE$70,810not reported in the loaded dataset2023
Schultheis & Panettieri LlpNONE$70,000not reported in the loaded dataset2023
Ciara SheaNONE$67,261not reported in the loaded dataset2023
George SpinelloNONE$63,409not reported in the loaded dataset2023
Cintra CameronNONE$61,879not reported in the loaded dataset2023
Bridgeway Benefit Technologies LLCNONE$60,686not reported in the loaded dataset2023
Manning & Napier Advisors LLCNONE$60,356$02023
Kemeicha HarrisonNONE$59,849not reported in the loaded dataset2023
Pilar ContrerasNONE$58,230not reported in the loaded dataset2023
Edward ZebrowskiNONE$50,313not reported in the loaded dataset2023
Amalgamated BankNONE$41,197$02023
Michelle SchultzNONE$32,389not reported in the loaded dataset2023
Health Benefit ResourcesNONE$24,720not reported in the loaded dataset2023
Accretive Global Insurance ServicesNONE$14,436not reported in the loaded dataset2023
Morgan Stanley Smith Barney LLCNONE$10,816not reported in the loaded dataset2023
Sean M Boyle Consulting IncNONE$7,417not reported in the loaded dataset2023

Related Form 5500 pages