Iron Workers Local Union 401 Supplemental Welfare — Form 5500 plan (Iron Workers Local Union 401 Supplemental 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, Iron Workers Local Union 401 Supplemental Welfare is a benefit plan reported by Iron Workers Local Union 401 Supplemental Welfare Fund under EIN 22-3867031 and plan number 502. The latest loaded filing year is 2023. The filing reports 351 participants and $3,527,857 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Iron Workers Local Union 401 Supplemental Welfare Fund
- EIN
- 22-3867031
- Plan number
- 502
- Plan type
- 1
- Location
- Philadelphia, PA
- Latest filing year
- 2023
- Participants
- 351
- End-of-year plan assets
- $3,527,857
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 351 | H, C | 20250407114037NAL0009265219001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,527,857
- Total liabilities (EOY)
- $17,395
- Net assets (EOY)
- $3,510,462
- Net assets (BOY)
- $3,211,559
Income & contributions
- Employer contributions
- $1,325,755
- Total contributions
- $1,366,601
- Total income / additions
- $1,530,080
Expenses & distributions
- Benefits paid
- $1,159,097
- Administrative expenses
- $72,080
- Total expenses
- $1,231,177
- Net increase / (decrease)
- $298,903
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Labor-First LLC | NONE | $147,145 | not reported in the loaded dataset | 2023 |
| Iron Workers Local 401 | LOCAL UNION | $61,829 | not reported in the loaded dataset | 2023 |