Teamsters Local 97 Benefits Fund — Form 5500 plan (Trustees Of Teamsters Local 97 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, Teamsters Local 97 Benefits Fund is a benefit plan reported by Trustees Of Teamsters Local 97 Benefits Fund under EIN 22-2004832 and plan number 501. The latest loaded filing year is 2023. The filing reports 1,491 participants and $5,701,446 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Trustees Of Teamsters Local 97 Benefits Fund
EIN
22-2004832
Plan number
501
Plan type
1
Location
Clark, NJ
Latest filing year
2023
Participants
1,491
End-of-year plan assets
$5,701,446

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,491H, C20250514133832NAL0012826931001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$5,701,446
Total liabilities (EOY)
$3,221,056
Net assets (EOY)
$2,480,390
Net assets (BOY)
$2,854,876

Income & contributions

Employer contributions
$16,940,219
Participant contributions
$21,457
Total contributions
$16,961,676
Total income / additions
$17,177,119

Expenses & distributions

Benefits paid
$15,261,766
Administrative expenses
$2,289,839
Total expenses
$17,551,605
Net increase / (decrease)
-$374,486

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Horizon Blue Cross & Blue ShieldNONE$819,577not reported in the loaded dataset2023
Global Pharmaceutical Benefits, LLCNONE$269,161not reported in the loaded dataset2023
Fabian & Byrn LLCNONE$175,095not reported in the loaded dataset2023
Elaine AlessioEMPLOYEE$136,623not reported in the loaded dataset2023
Carmella RicciEMPLOYEE$80,537not reported in the loaded dataset2023
Mary Jo EspositoEMPLOYEE$77,160not reported in the loaded dataset2023
Christine KnispelEMPLOYEE$76,358not reported in the loaded dataset2023
D.D. Services, Inc.NONE$57,797not reported in the loaded dataset2023
Jennifer TurciosEMPLOYEE$51,500not reported in the loaded dataset2023
MspcNONE$46,974not reported in the loaded dataset2023
Jbm Computer Consultants, Inc.NONE$40,488not reported in the loaded dataset2023
Mets Schiro & Mcgovern, LlpNONE$37,066not reported in the loaded dataset2023
Teamsters Center Services FundNONE$29,064not reported in the loaded dataset2023
O'Sullivan AssociatesNONE$26,000not reported in the loaded dataset2023
MagnacareNONE$19,650not reported in the loaded dataset2023
Comerica BankNONE$15,433not reported in the loaded dataset2023
Marlin Leasing CorporationNONE$8,562not reported in the loaded dataset2023

Related Form 5500 pages