Service Employees International Union Local 1 Cleveland Welfare Fund — Form 5500 plan (Board Of Trustees Of Local 1 Welfare Fund No. 1)
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, Service Employees International Union Local 1 Cleveland Welfare Fund is a benefit plan reported by Board Of Trustees Of Local 1 Welfare Fund No. 1 under EIN 34-0820618 and plan number 501. The latest loaded filing year is 2023. The filing reports 611 participants and $9,956,647 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Board Of Trustees Of Local 1 Welfare Fund No. 1
- EIN
- 34-0820618
- Plan number
- 501
- Plan type
- 1
- Location
- Cleveland, OH
- Latest filing year
- 2023
- Participants
- 611
- End-of-year plan assets
- $9,956,647
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 611 | H, C | 20241016192322NAL0062197330001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,956,647
- Total liabilities (EOY)
- $254,990
- Net assets (EOY)
- $9,701,657
- Net assets (BOY)
- $8,779,335
Income & contributions
- Employer contributions
- $2,187,005
- Participant contributions
- $3,984
- Total contributions
- $2,190,989
- Total income / additions
- $2,797,634
Expenses & distributions
- Benefits paid
- $1,557,969
- Administrative expenses
- $317,343
- Total expenses
- $1,875,312
- Net increase / (decrease)
- $922,322
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Donald J. Lowe Associates, Inc. | not reported in the loaded dataset | $140,810 | not reported in the loaded dataset | 2023 |
| Ciuni & Panichi, Inc. | not reported in the loaded dataset | $30,375 | not reported in the loaded dataset | 2023 |
| Allota Farley Co., Lpa | not reported in the loaded dataset | $24,105 | not reported in the loaded dataset | 2023 |
| Cuni, Rust And Strenk | not reported in the loaded dataset | $16,750 | not reported in the loaded dataset | 2023 |
| Andco Consulting | not reported in the loaded dataset | $16,109 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Board Of Trustees Of Local 1 Welfare Fund No. 1
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Cleveland, OH
- Donald J. Lowe Associates, Inc. — Schedule C compensation
- Ciuni & Panichi, Inc. — Schedule C compensation
- Allota Farley Co., Lpa — Schedule C compensation
- Cuni, Rust And Strenk — Schedule C compensation
- Andco Consulting — Schedule C compensation