Ibew Local 508 Health Plan — Form 5500 plan (Ibew Local 508 Health 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 508 Health Plan is a benefit plan reported by Ibew Local 508 Health Plan under EIN 23-7030261 and plan number 501. The latest loaded filing year is 2023. The filing reports 434 participants and $14,724,681 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ibew Local 508 Health Plan
- EIN
- 23-7030261
- Plan number
- 501
- Plan type
- 1
- Location
- Atlanta, GA
- Latest filing year
- 2023
- Participants
- 434
- End-of-year plan assets
- $14,724,681
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 434 | H, C | 20250414153655NAL0000837907004 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,724,681
- Total liabilities (EOY)
- $258,909
- Net assets (EOY)
- $14,465,772
- Net assets (BOY)
- $12,767,156
Income & contributions
- Employer contributions
- $6,104,135
- Participant contributions
- $24,614
- Total contributions
- $6,128,749
- Total income / additions
- $6,466,846
Expenses & distributions
- Benefits paid
- $4,619,877
- Administrative expenses
- $148,353
- Total expenses
- $4,768,230
- Net increase / (decrease)
- $1,698,616
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Blue Cross Blue Shield Of Ga | NONE | $266,491 | $448,391 | 2023 |
| National Employee Benefit Admin | NONE | $68,459 | not reported in the loaded dataset | 2023 |
| Smith, Gambrell And Russell, Llp | NONE | $24,112 | not reported in the loaded dataset | 2023 |
| Novak Francella LLC | NONE | $18,819 | not reported in the loaded dataset | 2023 |
| Bha Consulting Service | NONE | $16,137 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ibew Local 508 Health Plan
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Atlanta, GA
- Blue Cross Blue Shield Of Ga — Schedule C compensation
- National Employee Benefit Admin — Schedule C compensation
- Smith, Gambrell And Russell, Llp — Schedule C compensation
- Novak Francella LLC — Schedule C compensation
- Bha Consulting Service — Schedule C compensation