Laborers' Local 157 Health Benefits Fund — Form 5500 plan (Laborers' Local 157 Health 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, Laborers' Local 157 Health Benefits Fund is a benefit plan reported by Laborers' Local 157 Health Benefits Fund under EIN 14-1437195 and plan number 501. The latest loaded filing year is 2023. The filing reports 320 participants and $18,249,247 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Laborers' Local 157 Health Benefits Fund
EIN
14-1437195
Plan number
501
Plan type
1
Location
Schenectady, NY
Latest filing year
2023
Participants
320
End-of-year plan assets
$18,249,247

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023320H, C20250414183321NAL0004323490001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$18,249,247
Total liabilities (EOY)
$3,581,222
Net assets (EOY)
$14,668,025
Net assets (BOY)
$12,324,183

Income & contributions

Employer contributions
$5,304,508
Participant contributions
$20,445
Total contributions
$5,324,953
Total income / additions
$6,476,619

Expenses & distributions

Benefits paid
$3,472,884
Administrative expenses
$659,893
Total expenses
$4,132,777
Net increase / (decrease)
$2,343,842

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Capital District Physician'S HealthNONE$171,163not reported in the loaded dataset2023
Michael BradyEMPLOYEE$73,759not reported in the loaded dataset2023
Milliman UsaNONE$51,150not reported in the loaded dataset2023
Nikki FranceEMPLOYEE$43,000not reported in the loaded dataset2023
Morgan Stanley Smith BarneyNONE$42,484$02023
Iris SweeneyEMPLOYEE$38,834not reported in the loaded dataset2023
Express Scripts, Inc.NONE$35,366not reported in the loaded dataset2023
Teal Becker & Chiaramonte, Cpas PcNONE$34,200not reported in the loaded dataset2023
Blitman & King LlpNONE$25,207not reported in the loaded dataset2023
Joseph MccarthyNONE$21,249not reported in the loaded dataset2023
Karpus Investment ManagementNONE$12,903not reported in the loaded dataset2023
Delta DentalNONE$6,330not reported in the loaded dataset2023

Related Form 5500 pages