United Steel Workers Local 625 Benefit Trust — Form 5500 plan (United Steelworkers Local 625 Benefit Trust)
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, United Steel Workers Local 625 Benefit Trust is a benefit plan reported by United Steelworkers Local 625 Benefit Trust under EIN 26-6687118 and plan number 501. The latest loaded filing year is 2023. The filing reports 96 participants and $2,017,514 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$2MPlan net assets, end of year$2,013,615
Participants96Covered participants reported
Assets / participant$21KComputed: assets ÷ participants$21,016 (computed)
Provider compensation$6.3K1 Schedule C provider row(s)$6,276
- Plan sponsor
- United Steelworkers Local 625 Benefit Trust
- EIN
- 26-6687118
- Plan number
- 501
- Plan type
- 2
- Location
- Niagara Falls, NY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 96 | H, C | 20240903121729NAL0010549635002 |
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)$2M total assets
Net assets$2MLiabilities$3.9K
Full reported line items
Net assets
- Total assets (EOY)
- $2,017,514
- Total liabilities (EOY)
- $3,899
- Net assets (EOY)
- $2,013,615
- Net assets (BOY)
- $2,036,775
Income & contributions
- Employer contributions
- $1,405,031
- Participant contributions
- $277,014
- Total contributions
- $1,682,045
- Total income / additions
- $1,724,676
Expenses & distributions
- Benefits paid
- $1,728,920
- Administrative expenses
- $18,916
- Total expenses
- $1,747,836
- Net increase / (decrease)
- -$23,160
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.
84%16%
Employer 84%Participant 16%
Total expenses ÷ net assets87%Computed ratio
Benefits paid ÷ total income100%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Tronconi Segarra & Associates, Llp | NONE | $6,276 | not reported in the loaded dataset | 2023 |