Canton Electrical Welfare Fund — Form 5500 plan (Board Of Trustees Canton Electrical Welfare Fund)
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, Canton Electrical Welfare Fund is a benefit plan reported by Board Of Trustees Canton Electrical Welfare Fund under EIN 34-6573626 and plan number 501. The latest loaded filing year is 2023. The filing reports 904 participants and $21,619,699 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Board Of Trustees Canton Electrical Welfare Fund
- EIN
- 34-6573626
- Plan number
- 501
- Plan type
- 1
- Location
- Canfield, OH
- Latest filing year
- 2023
- Participants
- 904
- End-of-year plan assets
- $21,619,699
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 904 | H, C | 20250814091506NAL0005328739001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,619,699
- Total liabilities (EOY)
- $1,185,408
- Net assets (EOY)
- $20,434,291
- Net assets (BOY)
- $19,427,563
Income & contributions
- Employer contributions
- $7,837,920
- Participant contributions
- $2,917,500
- Total contributions
- $10,755,420
- Total income / additions
- $14,788,859
Expenses & distributions
- Benefits paid
- $12,973,511
- Administrative expenses
- $808,620
- Total expenses
- $13,782,131
- Net increase / (decrease)
- $1,006,728
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Anthem | CLAIMS ADMINISTRATOR | $433,089 | not reported in the loaded dataset | 2023 |
| Benesys, Inc | THIRD PARTY ADMINISTRATOR | $114,080 | not reported in the loaded dataset | 2023 |
| The Segal Company | CONSULTING | $91,125 | not reported in the loaded dataset | 2023 |
| Macala & Piatt | ATTORNEY | $42,992 | not reported in the loaded dataset | 2023 |
| Yurchyk & Davis Cpa'S Inc. | AUDITOR | $21,400 | not reported in the loaded dataset | 2023 |
| Mariner Institutional LLC | INVESTMENT CONSULTANT | $20,000 | not reported in the loaded dataset | 2023 |
| Keybank | INVESTMENT CUSTODIAN | $9,500 | $0 | 2023 |
| United Actuarial Services | ACTUARY | $9,500 | not reported in the loaded dataset | 2023 |
| City Printing | PRINTING SERVICES | $7,930 | not reported in the loaded dataset | 2023 |
| Pnc Bank | BANKING SERVICES | $6,596 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Board Of Trustees Canton Electrical Welfare Fund
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Canfield, OH
- Anthem — Schedule C compensation
- Benesys, Inc — Schedule C compensation
- The Segal Company — Schedule C compensation
- Macala & Piatt — Schedule C compensation
- Yurchyk & Davis Cpa'S Inc. — Schedule C compensation
- Mariner Institutional LLC — Schedule C compensation
- Keybank — Schedule C compensation
- United Actuarial Services — Schedule C compensation
- City Printing — Schedule C compensation
- Pnc Bank — Schedule C compensation