Plan5500

Iuoe Local 487 Health & Welfare Trust Fund — Form 5500 plan (Trustees Of Iuoe Local 487 Health & Welfare Trust 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, Iuoe Local 487 Health & Welfare Trust Fund is a benefit plan reported by Trustees Of Iuoe Local 487 Health & Welfare Trust Fund under EIN 59-6231991 and plan number 501. The latest loaded filing year is 2023. The filing reports 585 participants and $3,956,462 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.1MPlan net assets, end of year$3,074,332
Participants585Covered participants reported
Assets / participant$6.8KComputed: assets ÷ participants$6,763 (computed)
Provider compensation$405.2K5 Schedule C provider row(s)$405,234
Plan sponsor
Trustees Of Iuoe Local 487 Health & Welfare Trust Fund
EIN
59-6231991
Plan number
501
Plan type
1
Location
Sparks, MD
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    585 participants · 1Sch HSch C
    View filing →
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)$4M total assets
Net assets$3.1MLiabilities$882.1K
Money in vs. money out
Total income / additions$11.3M
Total expenses$11.1M
Benefits paid / distributions$10.9M
Contributions
Employer$11.2M
Participant$56.4K
Full reported line items

Net assets

Total assets (EOY)
$3,956,462
Total liabilities (EOY)
$882,130
Net assets (EOY)
$3,074,332
Net assets (BOY)
$2,935,221

Income & contributions

Employer contributions
$11,199,777
Participant contributions
$56,357
Total contributions
$11,256,134
Total income / additions
$11,267,264

Expenses & distributions

Benefits paid
$10,857,075
Administrative expenses
$220,722
Total expenses
$11,128,153
Net increase / (decrease)
$139,111
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.

Contribution share (employer vs. participant)
Employer 99%Participant 1%
Total expenses ÷ net assets362%Computed ratio
Benefits paid ÷ total income96%Computed ratio
Provider comp. ÷ net assets13%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Brown & Brown Of Florida Inc$199.4K
    NONE · Direct $199.4K · Indirect $0
  2. 2
    Associated Administrators, LLC$135K
    NONE · Direct $135K · Indirect $0
  3. 3
    The Segal Company$43K
    NONE · Direct $43K · Indirect $0
  4. 4
    Phillips, Richard & Rind, P.A.$18.4K
    NONE · Direct $18.4K · Indirect $0
  5. 5
    United Members Insurance, Inc.$9.4K
    NONE · Direct $9.4K · Indirect $0

What to inspect next

Frequently asked questions

Who sponsors the Iuoe Local 487 Health & Welfare Trust Fund?
Iuoe Local 487 Health & Welfare Trust Fund is reported as sponsored by Trustees Of Iuoe Local 487 Health & Welfare Trust Fund (EIN 59-6231991, plan number 501) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Iuoe Local 487 Health & Welfare Trust Fund?
The latest Form 5500 filing year loaded for Iuoe Local 487 Health & Welfare Trust Fund is 2023.
How many participants does Iuoe Local 487 Health & Welfare Trust Fund report?
Iuoe Local 487 Health & Welfare Trust Fund reports 585 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Iuoe Local 487 Health & Welfare Trust Fund?
Iuoe Local 487 Health & Welfare Trust Fund reports $3,956,462 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages