Insulators Local No. 53 Welfare Fund — Form 5500 plan (Insulators Local No. 53 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, Insulators Local No. 53 Welfare Fund is a benefit plan reported by Insulators Local No. 53 Welfare Fund under EIN 72-0455641 and plan number 501. The latest loaded filing year is 2023. The filing reports 146 participants and $8,227,715 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Insulators Local No. 53 Welfare Fund
- EIN
- 72-0455641
- Plan number
- 501
- Plan type
- 1
- Location
- Kenner, LA
- Latest filing year
- 2023
- Participants
- 146
- End-of-year plan assets
- $8,227,715
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 146 | H, C | 20241009160813NAL0019600625001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,227,715
- Total liabilities (EOY)
- $1,053,714
- Net assets (EOY)
- $7,174,001
- Net assets (BOY)
- $6,583,838
Income & contributions
- Employer contributions
- $1,355,822
- Participant contributions
- $104,023
- Total contributions
- $1,459,845
- Total income / additions
- $1,959,723
Expenses & distributions
- Benefits paid
- $1,071,508
- Administrative expenses
- $298,052
- Total expenses
- $1,369,560
- Net increase / (decrease)
- $590,163
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Blue Cross Blue Shield Of Louisiana | CLAIMS PROCESSOR | $61,113 | not reported in the loaded dataset | 2023 |
| Horizon Actuarial Services | CONSULTANT | $45,801 | not reported in the loaded dataset | 2023 |
| Sei Investment Management Corp | INVESTMENT CUSTODIAN | $27,653 | $0 | 2023 |
| Ted Soileau Cpa LLC | ACCOUNTANT | $23,468 | not reported in the loaded dataset | 2023 |
| Robein, Urann, Spencer & Congemi | ATTORNEY | $20,006 | not reported in the loaded dataset | 2023 |
| Ryan Bordelon | FUND ADMINISTRATOR | $16,511 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Insulators Local No. 53 Welfare Fund
- 2023 Form 5500 filing
- Form 5500 filings in LA
- 401(k) and benefit plan filings in Kenner, LA
- Blue Cross Blue Shield Of Louisiana — Schedule C compensation
- Horizon Actuarial Services — Schedule C compensation
- Sei Investment Management Corp — Schedule C compensation
- Ted Soileau Cpa LLC — Schedule C compensation
- Robein, Urann, Spencer & Congemi — Schedule C compensation
- Ryan Bordelon — Schedule C compensation