Welfare Fund Of Local 785 Of Laborers International Union — Form 5500 plan (Trustees Of Laborers Local 785 Welfare 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, Welfare Fund Of Local 785 Of Laborers International Union is a benefit plan reported by Trustees Of Laborers Local 785 Welfare Fund under EIN 16-6054286 and plan number 501. The latest loaded filing year is 2023. The filing reports 307 participants and $11,070,030 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Trustees Of Laborers Local 785 Welfare Fund
- EIN
- 16-6054286
- Plan number
- 501
- Plan type
- 1
- Location
- Ithaca, NY
- Latest filing year
- 2023
- Participants
- 307
- End-of-year plan assets
- $11,070,030
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 307 | H, C | 20241004125300NAL0005707603001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,070,030
- Total liabilities (EOY)
- $799,340
- Net assets (EOY)
- $10,270,690
- Net assets (BOY)
- $9,737,832
Income & contributions
- Employer contributions
- $4,547,327
- Participant contributions
- $92,733
- Total contributions
- $4,640,060
- Total income / additions
- $5,512,839
Expenses & distributions
- Benefits paid
- $4,368,509
- Administrative expenses
- $611,472
- Total expenses
- $4,979,981
- Net increase / (decrease)
- $532,858
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Excellus Bluecross Blueshield | NONE | $235,376 | not reported in the loaded dataset | 2023 |
| Davis Vision | NONE | $78,070 | not reported in the loaded dataset | 2023 |
| Cornell Pochily | NONE | $42,688 | not reported in the loaded dataset | 2023 |
| Proact | NONE | $32,363 | not reported in the loaded dataset | 2023 |
| Delta Dental Of New York | NONE | $28,410 | not reported in the loaded dataset | 2023 |
| Bonadio & Co., Llp | NONE | $25,063 | not reported in the loaded dataset | 2023 |
| O'Sullivan Associates | NONE | $19,625 | not reported in the loaded dataset | 2023 |
| Local 785 Building Corp | RELATED PARTY/SHARED EXP. | $7,590 | not reported in the loaded dataset | 2023 |
| Lipsitz Green Scime Cambria Llp | NONE | $6,390 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Trustees Of Laborers Local 785 Welfare Fund
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Ithaca, NY
- Excellus Bluecross Blueshield — Schedule C compensation
- Davis Vision — Schedule C compensation
- Cornell Pochily — Schedule C compensation
- Proact — Schedule C compensation
- Delta Dental Of New York — Schedule C compensation
- Bonadio & Co., Llp — Schedule C compensation
- O'Sullivan Associates — Schedule C compensation
- Local 785 Building Corp — Schedule C compensation
- Lipsitz Green Scime Cambria Llp — Schedule C compensation