Ibew Local Union No. 126 Health And Welfare Plan — Form 5500 plan (Trustees Of Ibew Local Union No. 126 Health And Welfare Plan)

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 Union No. 126 Health And Welfare Plan is a benefit plan reported by Trustees Of Ibew Local Union No. 126 Health And Welfare Plan under EIN 23-6395223 and plan number 501. The latest loaded filing year is 2023. The filing reports 2,138 participants and $146,336,785 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Trustees Of Ibew Local Union No. 126 Health And Welfare Plan
EIN
23-6395223
Plan number
501
Plan type
1
Location
Collegeville, PA
Latest filing year
2023
Participants
2,138
End-of-year plan assets
$146,336,785

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,138H, C20240925162946NAL0020236192001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$146,336,785
Total liabilities (EOY)
$3,872,232
Net assets (EOY)
$142,464,553
Net assets (BOY)
$121,548,579

Income & contributions

Employer contributions
$56,045,197
Participant contributions
$726,247
Total contributions
$56,771,444
Total income / additions
$64,161,212

Expenses & distributions

Benefits paid
$40,856,932
Administrative expenses
$2,388,306
Total expenses
$43,245,238
Net increase / (decrease)
$20,915,974

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Independent AdministratorsNONE$1,125,382not reported in the loaded dataset2023
Morgan Stanley Smith Barney, LLCNONE$194,865$02023
Principal Custody SolutionsNONE$137,798not reported in the loaded dataset2023
Teladoc IncNONE$133,138not reported in the loaded dataset2023
Lacher & Associates Ins. Agency IncNONE$120,200not reported in the loaded dataset2023
Ibew Local Union No. 126RELATED$119,953not reported in the loaded dataset2023
Delta Dental Of PennsylvaniaNONE$78,725not reported in the loaded dataset2023
Compusys Of Utah, Inc.NONE$59,579not reported in the loaded dataset2023
Novak Francella, LLCNONE$46,170not reported in the loaded dataset2023
Guardian Life InsuranceNONE$43,367not reported in the loaded dataset2023
Summit ActuarialNONE$39,076not reported in the loaded dataset2023
Fox Rothschild, LlpNONE$25,550not reported in the loaded dataset2023
Amerihealth AdministratorsNONE$20,823not reported in the loaded dataset2023
Bridgeway Benefit TechnologiesNONE$20,273not reported in the loaded dataset2023
EyelationNONE$10,266not reported in the loaded dataset2023
Cleary & Josem LlpNONE$9,745not reported in the loaded dataset2023

Related Form 5500 pages