Structural Iron Workers Local 1 Welfare Fund — Form 5500 plan (Trustees Of Structural Iron Workers Local 1 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, Structural Iron Workers Local 1 Welfare Fund is a benefit plan reported by Trustees Of Structural Iron Workers Local 1 Welfare Fund under EIN 36-2196735 and plan number 501. The latest loaded filing year is 2023. The filing reports 1,414 participants and $51,591,845 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Trustees Of Structural Iron Workers Local 1 Welfare Fund
- EIN
- 36-2196735
- Plan number
- 501
- Plan type
- 1
- Location
- Forest Park, IL
- Latest filing year
- 2023
- Participants
- 1,414
- End-of-year plan assets
- $51,591,845
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,414 | H, C | 20241010152454NAL0034595328002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $51,591,845
- Total liabilities (EOY)
- $4,722,027
- Net assets (EOY)
- $46,869,818
- Net assets (BOY)
- $47,787,266
Income & contributions
- Employer contributions
- $31,811,821
- Participant contributions
- $1,831,827
- Total contributions
- $33,643,648
- Total income / additions
- $39,782,661
Expenses & distributions
- Benefits paid
- $39,916,048
- Administrative expenses
- $784,061
- Total expenses
- $40,700,109
- Net increase / (decrease)
- -$917,448
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Blue Cross Blue Shield Of Illinois | NONE | $968,584 | $4 | 2023 |
| Group Administrators, Ltd | NONE | $475,128 | $0 | 2023 |
| Structural Iron Workers 1 Pension | AFFILIATED ORGANIZATION | $268,184 | not reported in the loaded dataset | 2023 |
| Express Scripts | NONE | $209,997 | not reported in the loaded dataset | 2023 |
| Remedy Analytics | NONE | $120,000 | not reported in the loaded dataset | 2023 |
| Foster & Foster | NONE | $68,475 | not reported in the loaded dataset | 2023 |
| National Investment Services | NONE | $57,384 | not reported in the loaded dataset | 2023 |
| Legacy Professionals | NONE | $47,315 | not reported in the loaded dataset | 2023 |
| Laner Muchin | NONE | $40,729 | not reported in the loaded dataset | 2023 |
| Mcgann Ketterman And Rioux | NONE | $32,306 | not reported in the loaded dataset | 2023 |
| Telus Health | NONE | $30,462 | not reported in the loaded dataset | 2023 |
| Delta Dental | NONE | $26,969 | not reported in the loaded dataset | 2023 |
| Vision Service Plan | NONE | $25,642 | not reported in the loaded dataset | 2023 |
| Marquette Consulting | NONE | $10,000 | not reported in the loaded dataset | 2023 |
| Interactive Health Benefits/Aca Tr. | NONE | $6,588 | not reported in the loaded dataset | 2023 |
| Strategic Capital | NONE | $5,700 | not reported in the loaded dataset | 2023 |
| Comerica | NONE | $3,520 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Trustees Of Structural Iron Workers Local 1 Welfare Fund
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Forest Park, IL
- Blue Cross Blue Shield Of Illinois — Schedule C compensation
- Group Administrators, Ltd — Schedule C compensation
- Structural Iron Workers 1 Pension — Schedule C compensation
- Express Scripts — Schedule C compensation
- Remedy Analytics — Schedule C compensation
- Foster & Foster — Schedule C compensation
- National Investment Services — Schedule C compensation
- Legacy Professionals — Schedule C compensation
- Laner Muchin — Schedule C compensation
- Mcgann Ketterman And Rioux — Schedule C compensation
- Telus Health — Schedule C compensation
- Delta Dental — Schedule C compensation
- Vision Service Plan — Schedule C compensation
- Marquette Consulting — Schedule C compensation
- Interactive Health Benefits/Aca Tr. — Schedule C compensation
- Strategic Capital — Schedule C compensation
- Comerica — Schedule C compensation