Plan5500

Nysut Retiree Veba Health Fund — Form 5500 plan (New York State United Teachers)

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, Nysut Retiree Veba Health Fund is a benefit plan reported by New York State United Teachers under EIN 14-6204878 and plan number 502. The latest loaded filing year is 2023. The filing reports 881 participants and $46,409,425 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)-$162.6MPlan net assets, end of year-$162,551,466
Participants881Covered participants reported
Assets / participant$52.7KComputed: assets ÷ participants$52,678 (computed)
Provider compensation$205.4K4 Schedule C provider row(s)$205,367
Plan sponsor
New York State United Teachers
EIN
14-6204878
Plan number
502
Plan type
2
Location
Latham, NY
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    881 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$46.4M total assets
Net assets-$162.6MLiabilities$209M
Money in vs. money out
Total income / additions$16.9M
Total expenses$22.6M
Benefits paid / distributions$10.3M
Contributions
Employer$9.4M
Participant$386.7K
Full reported line items

Net assets

Total assets (EOY)
$46,409,425
Total liabilities (EOY)
$208,960,891
Net assets (EOY)
-$162,551,466
Net assets (BOY)
-$156,853,359

Income & contributions

Employer contributions
$9,418,283
Participant contributions
$386,666
Total contributions
$9,804,949
Total income / additions
$16,854,247

Expenses & distributions

Benefits paid
$10,259,963
Administrative expenses
$12,292,391
Total expenses
$22,552,354
Net increase / (decrease)
-$5,698,107
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 96%Participant 4%
Benefits paid ÷ total income61%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Merrill Lynch$113.4K
    NONE · Direct $113.4K
  2. 2
    Milliman Inc.$66.5K
    NONE · Direct $66.5K
  3. 3
    Bonadio & Co., Llp$15.5K
    NONE · Direct $15.5K
  4. 4
    Segal Marco Advisors$10K
    NONE · Direct $10K

What to inspect next

Frequently asked questions

Who sponsors the Nysut Retiree Veba Health Fund?
Nysut Retiree Veba Health Fund is reported as sponsored by New York State United Teachers (EIN 14-6204878, plan number 502) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Nysut Retiree Veba Health Fund?
The latest Form 5500 filing year loaded for Nysut Retiree Veba Health Fund is 2023.
How many participants does Nysut Retiree Veba Health Fund report?
Nysut Retiree Veba Health Fund reports 881 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Nysut Retiree Veba Health Fund?
Nysut Retiree Veba Health Fund reports $46,409,425 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages