Plan5500

Electrical Workers Ibew Local No. 163 Health And Welfare Fund — Form 5500 plan (Board Of Trustees Ibew Local Union 163 Health And 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, Electrical Workers Ibew Local No. 163 Health And Welfare Fund is a benefit plan reported by Board Of Trustees Ibew Local Union 163 Health And Welfare Fund under EIN 23-6390518 and plan number 501. The latest loaded filing year is 2023. The filing reports 304 participants and $12,619,397 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$11.6MPlan net assets, end of year$11,648,368
Participants304Covered participants reported
Assets / participant$41.5KComputed: assets ÷ participants$41,511 (computed)
Provider compensation$301.9K7 Schedule C provider row(s)$301,883
Plan sponsor
Board Of Trustees Ibew Local Union 163 Health And Welfare Fund
EIN
23-6390518
Plan number
501
Plan type
1
Location
West Trenton, NJ
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
    304 participants · 1Sch 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)$12.6M total assets
Net assets$11.6MLiabilities$971K
Money in vs. money out
Total income / additions$6.8M
Total expenses$5M
Benefits paid / distributions$4.7M
Contributions
Employer$5.6M
Participant$41.7K
Full reported line items

Net assets

Total assets (EOY)
$12,619,397
Total liabilities (EOY)
$971,029
Net assets (EOY)
$11,648,368
Net assets (BOY)
$9,832,580

Income & contributions

Employer contributions
$5,594,248
Participant contributions
$41,717
Total contributions
$6,109,508
Total income / additions
$6,847,466

Expenses & distributions

Benefits paid
$4,707,275
Administrative expenses
$324,403
Total expenses
$5,031,678
Net increase / (decrease)
$1,815,788
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 99%Participant 1%
Total expenses ÷ net assets43%Computed ratio
Benefits paid ÷ total income69%Computed ratio
Provider comp. ÷ net assets3%Computed ratio
Schedule C

Service provider compensation

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

  1. 1
    Aetna Life Insurance Company$122.8K
    NONE · Direct $122.8K
  2. 2
    Ie Shaffer$47.9K
    NONE · Direct $47.9K
  3. 3
    Segal Consulting$39.9K
    NONE · Direct $39.9K
  4. 4
    Andco Consulting$29.1K
    NONE · Direct $29.1K
  5. 5
    Calibre Cpa Group, Pllc$27K
    NONE · Direct $27K
  6. 6
    Meyer Unkovic & Scott Llp$21.2K
    NONE · Direct $21.2K
  7. 7
    Kang Haggerty & Fetbroyt LLC$14K
    NONE · Direct $14K

What to inspect next

Frequently asked questions

Who sponsors the Electrical Workers Ibew Local No. 163 Health And Welfare Fund?
Electrical Workers Ibew Local No. 163 Health And Welfare Fund is reported as sponsored by Board Of Trustees Ibew Local Union 163 Health And Welfare Fund (EIN 23-6390518, plan number 501) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Electrical Workers Ibew Local No. 163 Health And Welfare Fund?
The latest Form 5500 filing year loaded for Electrical Workers Ibew Local No. 163 Health And Welfare Fund is 2023.
How many participants does Electrical Workers Ibew Local No. 163 Health And Welfare Fund report?
Electrical Workers Ibew Local No. 163 Health And Welfare Fund reports 304 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Electrical Workers Ibew Local No. 163 Health And Welfare Fund?
Electrical Workers Ibew Local No. 163 Health And Welfare Fund reports $12,619,397 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