I. B. E. W. Local Union No. 124 Health And Welfare Fund — Form 5500 plan (Ibew-124 Health & 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, I. B. E. W. Local Union No. 124 Health And Welfare Fund is a benefit plan reported by Ibew-124 Health & Welfare Fund under EIN 44-0569165 and plan number 501. The latest loaded filing year is 2023. The filing reports 3,612 participants and $65,260,087 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Ibew-124 Health & Welfare Fund
EIN
44-0569165
Plan number
501
Plan type
1
Location
Kansas City, MO
Latest filing year
2023
Participants
3,612
End-of-year plan assets
$65,260,087

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20233,612H, C20250612084220NAL0016316353001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$65,260,087
Total liabilities (EOY)
$30,802,633
Net assets (EOY)
$34,457,454
Net assets (BOY)
$29,405,159

Income & contributions

Employer contributions
$52,580,255
Participant contributions
$3,452,022
Total contributions
$56,032,277
Total income / additions
$62,264,460

Expenses & distributions

Benefits paid
$54,006,740
Administrative expenses
$3,205,425
Total expenses
$57,212,165
Net increase / (decrease)
$5,052,295

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Blue Cross Blue Shield Of KcNONE$1,544,261not reported in the loaded dataset2023
Ibew Benefit CenterPARTY-IN-INTEREST$1,136,135not reported in the loaded dataset2023
Cheiron, Inc.NONE$162,009not reported in the loaded dataset2023
Arnold, Newbold, Sollars & HollinsNONE$90,780not reported in the loaded dataset2023
Bridgeway Benefit TechnologiesNONE$68,588not reported in the loaded dataset2023
Reams Asset ManagementNONE$47,342not reported in the loaded dataset2023
United States TreasuryNONE$42,892not reported in the loaded dataset2023
Rubinbrown, LlpNONE$30,750not reported in the loaded dataset2023
Segal Marco AdvisorsNONE$25,341not reported in the loaded dataset2023
Construction Benefits Audit CorpNONE$23,035not reported in the loaded dataset2023
Segal Select Insurance ServicesNONE$17,379$02023
State Street Global AdvisorsNONE$10,000$02023
Brotherhood Bank And TrustNONE$8,431$02023

Related Form 5500 pages