Local 338 Benefits Fund — Form 5500 plan (Board Of Trustees Local 338 Benefits 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 338 Benefits Fund is a benefit plan reported by Board Of Trustees Local 338 Benefits Fund under EIN 13-6313146 and plan number 502. The latest loaded filing year is 2023. The filing reports 6,663 participants and $8,503,811 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Board Of Trustees Local 338 Benefits Fund
EIN
13-6313146
Plan number
502
Plan type
1
Location
Mineola, NY
Latest filing year
2023
Participants
6,663
End-of-year plan assets
$8,503,811

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20236,663H, C20241015131852NAL0029761553003

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$8,503,811
Total liabilities (EOY)
$542,159
Net assets (EOY)
$7,961,652
Net assets (BOY)
$8,889,039

Income & contributions

Employer contributions
$1,837,189
Participant contributions
$9,131
Total contributions
$1,846,320
Total income / additions
$2,732,483

Expenses & distributions

Benefits paid
$2,484,274
Administrative expenses
$1,175,596
Total expenses
$3,659,870
Net increase / (decrease)
-$927,387

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Local 338 Health & Welfare FundAFFILIATED BENEFIT FUND$393,000not reported in the loaded dataset2023
Rwdsu/Ufcw Local 338AFFILIATED LABOR UNION$384,000not reported in the loaded dataset2023
Friedman & AnspachNONE$249,790not reported in the loaded dataset2023
Dds Services, Inc.NONE$194,577not reported in the loaded dataset2023
Employee BEMPLOYEE$96,270not reported in the loaded dataset2023
Fusco, Branstein & RadaNONE$90,521not reported in the loaded dataset2023
Employee AEMPLOYEE$41,238not reported in the loaded dataset2023
Health Plan SystemsNONE$39,966not reported in the loaded dataset2023
Employee CEMPLOYEE$39,109not reported in the loaded dataset2023
Novak Francella, LLCNONE$37,500not reported in the loaded dataset2023
Employee DEMPLOYEE$27,968not reported in the loaded dataset2023
Alvin Blyer, Esq.NONE$10,964not reported in the loaded dataset2023
Reynolds Consulting ServicesNONE$10,500not reported in the loaded dataset2023
Lucent ConsultingNONE$7,200not reported in the loaded dataset2023
Summit Actuarial Services, LLCNONE$7,000not reported in the loaded dataset2023

Related Form 5500 pages