Operating Engineers' Local No. 428 Health And Welfare Trust Fund — Form 5500 plan (Operating Engineers' Local No. 428 Health And 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, Operating Engineers' Local No. 428 Health And Welfare Trust Fund is a benefit plan reported by Operating Engineers' Local No. 428 Health And Welfare Trust Fund under EIN 86-6025730 and plan number 501. The latest loaded filing year is 2023. The filing reports 1,558 participants and $62,647,528 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Operating Engineers' Local No. 428 Health And Welfare Trust Fund
EIN
86-6025730
Plan number
501
Plan type
1
Location
Phoenix, AZ
Latest filing year
2023
Participants
1,558
End-of-year plan assets
$62,647,528

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,558H, C20250714190354NAL0001087923001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$62,647,528
Total liabilities (EOY)
$13,002,849
Net assets (EOY)
$49,644,679
Net assets (BOY)
$36,533,649

Income & contributions

Employer contributions
$23,914,476
Participant contributions
$70,448
Total contributions
$23,984,924
Total income / additions
$33,306,893

Expenses & distributions

Benefits paid
$18,644,211
Administrative expenses
$1,551,652
Total expenses
$20,195,863
Net increase / (decrease)
$13,111,030

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Blue Cross Blue ShieldNONE OTHER THAN CONTRACT$863,030not reported in the loaded dataset2023
Southwest Service AdministratorsNONE OTHER THAN CONTRACT$290,631not reported in the loaded dataset2023
The Segal CompanyNONE OTHER THAN CONTRACT$106,412not reported in the loaded dataset2023
Delta DentalNONE OTHER THAN CONTRACT$76,915not reported in the loaded dataset2023
Spencer FaneNONE OTHER THAN CONTRACT$37,855not reported in the loaded dataset2023
Lsv Asset ManagementNONE OTHER THAN CONTRACT$34,900not reported in the loaded dataset2023
VerusNONE OTHER THAN CONTRACT$33,480not reported in the loaded dataset2023
Segal Select Insurance BrokerageNONE OTHER THAN CONTRACT$22,690not reported in the loaded dataset2023
Baldwin Moffitt Behm LlpNONE OTHER THAN CONTRACT$17,623not reported in the loaded dataset2023
LetterstreamNONE OTHER THAN CONTRACT$12,538not reported in the loaded dataset2023

Related Form 5500 pages