Plan5500

Local No. 840 I.B.E.W. Group Insurance Plan — Form 5500 plan (Board Of Trustees Local No. 840 Ibew Health Insurance 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, Local No. 840 I.B.E.W. Group Insurance Plan is a benefit plan reported by Board Of Trustees Local No. 840 Ibew Health Insurance Plan under EIN 33-1118241 and plan number 503. The latest loaded filing year is 2023. The filing reports 135 participants and $6,287,561 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.2MPlan net assets, end of year$6,187,921
Participants135Covered participants reported
Assets / participant$46.6KComputed: assets ÷ participants$46,575 (computed)
Provider compensation$108K5 Schedule C provider row(s)$107,971
Plan sponsor
Board Of Trustees Local No. 840 Ibew Health Insurance Plan
EIN
33-1118241
Plan number
503
Plan type
1
Location
Geneva, NY
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
    135 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)$6.3M total assets
Net assets$6.2MLiabilities$99.6K
Money in vs. money out
Total income / additions$4.3M
Total expenses$3.1M
Benefits paid / distributions$3M
Contributions
Employer$4M
Participant$103.1K
Full reported line items

Net assets

Total assets (EOY)
$6,287,561
Total liabilities (EOY)
$99,640
Net assets (EOY)
$6,187,921
Net assets (BOY)
$5,024,995

Income & contributions

Employer contributions
$4,026,225
Participant contributions
$103,087
Total contributions
$4,129,312
Total income / additions
$4,254,209

Expenses & distributions

Benefits paid
$2,971,903
Administrative expenses
$119,380
Total expenses
$3,091,283
Net increase / (decrease)
$1,162,926
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 98%Participant 2%
Total expenses ÷ net assets50%Computed ratio
Benefits paid ÷ total income70%Computed ratio
Provider comp. ÷ net assets2%Computed ratio
Schedule C

Service provider compensation

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

  1. 1
    Ibew Local 840 Pension Fund$75.3K
    RELATED BENEFIT PLAN · Direct $75.3K
  2. 2
    Bonadio & Co., Llp$13.9K
    NONE · Direct $13.9K
  3. 3
    Lifetime Benefit Solutions$7.2K
    NONE · Direct $7.2K
  4. 4
    Robert Pizzo, Esq.$6.2K
    NONE · Direct $6.2K
  5. 5
    Ubs Financial Services, Inc.$5.2K
    NONE · Direct $5.2K

What to inspect next

Frequently asked questions

Who sponsors the Local No. 840 I.B.E.W. Group Insurance Plan?
Local No. 840 I.B.E.W. Group Insurance Plan is reported as sponsored by Board Of Trustees Local No. 840 Ibew Health Insurance Plan (EIN 33-1118241, plan number 503) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Local No. 840 I.B.E.W. Group Insurance Plan?
The latest Form 5500 filing year loaded for Local No. 840 I.B.E.W. Group Insurance Plan is 2023.
How many participants does Local No. 840 I.B.E.W. Group Insurance Plan report?
Local No. 840 I.B.E.W. Group Insurance Plan reports 135 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Local No. 840 I.B.E.W. Group Insurance Plan?
Local No. 840 I.B.E.W. Group Insurance Plan reports $6,287,561 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