Local No. 1 Health Fund — Form 5500 plan (Local 1 Health 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, Local No. 1 Health Fund is a benefit plan reported by Local 1 Health Fund under EIN 36-2525603 and plan number 501. The latest loaded filing year is 2023. The filing reports 5,920 participants and $114,026,944 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Local 1 Health Fund
- EIN
- 36-2525603
- Plan number
- 501
- Plan type
- 1
- Location
- Downers Grove, IL
- Latest filing year
- 2023
- Participants
- 5,920
- End-of-year plan assets
- $114,026,944
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 5,920 | H, C | 20250328172039NAL0001516961001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $114,026,944
- Total liabilities (EOY)
- $13,374,207
- Net assets (EOY)
- $100,652,737
- Net assets (BOY)
- $96,482,867
Income & contributions
- Employer contributions
- $81,899,310
- Participant contributions
- $4,015,676
- Total contributions
- $85,914,986
- Total income / additions
- $95,177,283
Expenses & distributions
- Benefits paid
- $88,811,339
- Administrative expenses
- $2,196,074
- Total expenses
- $91,007,413
- Net increase / (decrease)
- $4,169,870
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Health Care Service Corp. | NONE | $2,306,123 | $0 | 2023 |
| Wilson-Mcshane Corporation | NONE | $1,428,100 | not reported in the loaded dataset | 2023 |
| Valenz Health | NONE | $206,760 | not reported in the loaded dataset | 2023 |
| Remedy Analytics Inc. | NONE | $138,333 | not reported in the loaded dataset | 2023 |
| Delta Dental Of Illinois | NONE | $135,523 | not reported in the loaded dataset | 2023 |
| National Investment Services, Inc. | NONE | $125,636 | not reported in the loaded dataset | 2023 |
| Laner Muchin, Ltd. | NONE | $121,682 | not reported in the loaded dataset | 2023 |
| Cvs Health | NONE | $94,273 | not reported in the loaded dataset | 2023 |
| Legacy Professionals Llp | NONE | $93,017 | not reported in the loaded dataset | 2023 |
| Employee Resource Systems, Inc. | NONE | $59,502 | not reported in the loaded dataset | 2023 |
| Amalgamated Bank Of Chicago | NONE | $50,055 | $0 | 2023 |
| Cheiron Inc | NONE | $33,881 | not reported in the loaded dataset | 2023 |
| The Segal Company (Midwest) | NONE | $26,225 | not reported in the loaded dataset | 2023 |
| Asher, Gittler & D'Alba, Ltd. | NONE | $18,636 | not reported in the loaded dataset | 2023 |
| Northern Trust | NONE | $13,220 | $0 | 2023 |
| Segal Marco Consulting | NONE | $13,125 | not reported in the loaded dataset | 2023 |
| Hunt Insurance | NONE | $0 | $6,780 | 2023 |
| Sommers & Fahrenbach | NONE | $5,429 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Local 1 Health Fund
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Downers Grove, IL
- Health Care Service Corp. — Schedule C compensation
- Wilson-Mcshane Corporation — Schedule C compensation
- Valenz Health — Schedule C compensation
- Remedy Analytics Inc. — Schedule C compensation
- Delta Dental Of Illinois — Schedule C compensation
- National Investment Services, Inc. — Schedule C compensation
- Laner Muchin, Ltd. — Schedule C compensation
- Cvs Health — Schedule C compensation
- Legacy Professionals Llp — Schedule C compensation
- Employee Resource Systems, Inc. — Schedule C compensation
- Amalgamated Bank Of Chicago — Schedule C compensation
- Cheiron Inc — Schedule C compensation
- The Segal Company (Midwest) — Schedule C compensation
- Asher, Gittler & D'Alba, Ltd. — Schedule C compensation
- Northern Trust — Schedule C compensation
- Segal Marco Consulting — Schedule C compensation
- Hunt Insurance — Schedule C compensation
- Sommers & Fahrenbach — Schedule C compensation