Ibew Local 98 Health & Welfare Plan — Form 5500 plan (Ibew Local 98 Health & Welfare Plan Board Of)
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, Ibew Local 98 Health & Welfare Plan is a benefit plan reported by Ibew Local 98 Health & Welfare Plan Board Of under EIN 23-2082042 and plan number 501. The latest loaded filing year is 2023. The filing reports 3,689 participants and $197,949,555 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ibew Local 98 Health & Welfare Plan Board Of
- EIN
- 23-2082042
- Plan number
- 501
- Plan type
- 1
- Location
- Philadelphia, PA
- Latest filing year
- 2023
- Participants
- 3,689
- End-of-year plan assets
- $197,949,555
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,689 | H, C | 20241015121230NAL0047813792001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $197,949,555
- Total liabilities (EOY)
- $3,430,017
- Net assets (EOY)
- $194,519,538
- Net assets (BOY)
- $172,047,521
Income & contributions
- Employer contributions
- $84,376,013
- Participant contributions
- $4,518,141
- Total contributions
- $88,894,154
- Total income / additions
- $100,369,593
Expenses & distributions
- Benefits paid
- $76,205,969
- Administrative expenses
- $1,691,607
- Total expenses
- $77,897,576
- Net increase / (decrease)
- $22,472,017
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Frank M Vaccaro & Associates,Inc | NONE | $796,269 | not reported in the loaded dataset | 2023 |
| Ibew Local Union No. 98 | RELATED ORGANIZATION | $136,818 | not reported in the loaded dataset | 2023 |
| Chartwell Investment Partners | NONE | $112,860 | not reported in the loaded dataset | 2023 |
| Boyd Watterson Asset Management LLC | NONE | $74,743 | not reported in the loaded dataset | 2023 |
| Newtower Trust Company | NONE | $0 | $74,538 | 2023 |
| Novak Francella LLC | NONE | $70,894 | not reported in the loaded dataset | 2023 |
| Loomis Sayles & Company, Lp | NONE | $64,301 | not reported in the loaded dataset | 2023 |
| Cleary & Josem Llp | NONE | $59,234 | not reported in the loaded dataset | 2023 |
| Part D Advisors Inc | NONE | $42,259 | not reported in the loaded dataset | 2023 |
| Marco Consulting | NONE | $35,000 | not reported in the loaded dataset | 2023 |
| Janus Henderson | NONE | $26,048 | not reported in the loaded dataset | 2023 |
| Cheiron Inc | NONE | $25,520 | not reported in the loaded dataset | 2023 |
| Pnc Bank, N.A. | NONE | $16,986 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ibew Local 98 Health & Welfare Plan Board Of
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Philadelphia, PA
- Frank M Vaccaro & Associates,Inc — Schedule C compensation
- Ibew Local Union No. 98 — Schedule C compensation
- Chartwell Investment Partners — Schedule C compensation
- Boyd Watterson Asset Management LLC — Schedule C compensation
- Newtower Trust Company — Schedule C compensation
- Novak Francella LLC — Schedule C compensation
- Loomis Sayles & Company, Lp — Schedule C compensation
- Cleary & Josem Llp — Schedule C compensation
- Part D Advisors Inc — Schedule C compensation
- Marco Consulting — Schedule C compensation
- Janus Henderson — Schedule C compensation
- Cheiron Inc — Schedule C compensation
- Pnc Bank, N.A. — Schedule C compensation