Wels Veba Group Health Care Plan — Form 5500 plan (Wisconsin Evangelical Lutheran Synod)
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, Wels Veba Group Health Care Plan is a benefit plan reported by Wisconsin Evangelical Lutheran Synod under EIN 39-1522925 and plan number 501. The latest loaded filing year is 2023. The filing reports 3,646 participants and $34,615,967 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Wisconsin Evangelical Lutheran Synod
- EIN
- 39-1522925
- Plan number
- 501
- Plan type
- 2
- Location
- Waukesha, WI
- Latest filing year
- 2023
- Participants
- 3,646
- End-of-year plan assets
- $34,615,967
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,646 | H, C | 20240724143149NAL0013154961003 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $34,615,967
- Total liabilities (EOY)
- $5,073,661
- Net assets (EOY)
- $29,542,306
- Net assets (BOY)
- $31,224,396
Income & contributions
- Employer contributions
- $58,857,542
- Participant contributions
- $2,558,019
- Total contributions
- $61,415,561
- Total income / additions
- $63,987,081
Expenses & distributions
- Benefits paid
- $62,329,270
- Administrative expenses
- $3,339,901
- Total expenses
- $65,669,171
- Net increase / (decrease)
- -$1,682,090
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Blue Cross And Blue Shield Of Wisco | NONE | $2,337,649 | not reported in the loaded dataset | 2023 |
| Bswift, LLC | NONE | $520,789 | not reported in the loaded dataset | 2023 |
| Wels | PLAN SPONSOR | $344,229 | not reported in the loaded dataset | 2023 |
| Medco Health Solutions, Inc. | NONE | $237,355 | not reported in the loaded dataset | 2023 |
| Willis Towers Watson | NONE | $87,617 | not reported in the loaded dataset | 2023 |
| Vision Service Plan | NONE | $46,570 | not reported in the loaded dataset | 2023 |
| Marquette Associates | NONE | $28,500 | not reported in the loaded dataset | 2023 |
| Michael Best & Friedrich | NONE | $23,914 | not reported in the loaded dataset | 2023 |
| Baker Tilly Us, Llp | NONE | $18,910 | not reported in the loaded dataset | 2023 |
| Bmo Harris Bank Na | NONE | $15,664 | not reported in the loaded dataset | 2023 |
| Wells Fargo Bank, Na | NONE | $13,650 | not reported in the loaded dataset | 2023 |
| Heritage Printing | NONE | $11,458 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Wisconsin Evangelical Lutheran Synod
- 2023 Form 5500 filing
- Form 5500 filings in WI
- 401(k) and benefit plan filings in Waukesha, WI
- Blue Cross And Blue Shield Of Wisco — Schedule C compensation
- Bswift, LLC — Schedule C compensation
- Wels — Schedule C compensation
- Medco Health Solutions, Inc. — Schedule C compensation
- Willis Towers Watson — Schedule C compensation
- Vision Service Plan — Schedule C compensation
- Marquette Associates — Schedule C compensation
- Michael Best & Friedrich — Schedule C compensation
- Baker Tilly Us, Llp — Schedule C compensation
- Bmo Harris Bank Na — Schedule C compensation
- Wells Fargo Bank, Na — Schedule C compensation
- Heritage Printing — Schedule C compensation