Associated Benefits Corporation Section 125 Plan — Form 5500 plan (Board Of Trustees Of The Cooperative Welfare Benefits 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, Associated Benefits Corporation Section 125 Plan is a benefit plan reported by Board Of Trustees Of The Cooperative Welfare Benefits Fund under EIN 42-1294150 and plan number 502. The latest loaded filing year is 2023. The filing reports 2,322 participants and $425,239 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$218.6KPlan net assets, end of year$218,630
Participants2.3KCovered participants reported2,322
Assets / participant$183Computed: assets ÷ participants$183 (computed)
Provider compensation$36.5K2 Schedule C provider row(s)$36,546
Plan sponsor
Board Of Trustees Of The Cooperative Welfare Benefits Fund
EIN
42-1294150
Plan number
502
Plan type
3
Location
West Des Moines, IA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,322H, C20241015194520NAL0015339651001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$425.2K total assets
Net assets$218.6KLiabilities$206.6K
Money in vs. money out
Total income / additions$2.5M
Total expenses$2.5M
Benefits paid / distributions$2.5M
Contributions
EmployerNot reported
Participant$2.5M
Full reported line items

Net assets

Total assets (EOY)
$425,239
Total liabilities (EOY)
$206,609
Net assets (EOY)
$218,630
Net assets (BOY)
$199,450

Income & contributions

Participant contributions
$2,520,100
Total contributions
$2,520,100
Total income / additions
$2,529,050

Expenses & distributions

Benefits paid
$2,473,325
Administrative expenses
$36,545
Total expenses
$2,509,870
Net increase / (decrease)
$19,180
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets1148%Computed ratio
Benefits paid ÷ total income98%Computed ratio
Provider comp. ÷ net assets17%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Deloitte & Touche LlpAUDITOR$20,790not reported in the loaded dataset2023
Wells Fargo Bank, N.A.TRUSTEE BANK$15,756not reported in the loaded dataset2023

Related Form 5500 pages