PLUMBERS AND PIPEFITTERS LOCAL 625 HEALTH & WELFARE FUND has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan PLUMBERS AND PIPEFITTERS LOCAL 625 HEALTH & WELFARE FUND
401k plan membership statisitcs for PLUMBERS AND PIPEFITTERS LOCAL 625 HEALTH & WELFARE FUND
| Measure | Date | Value |
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| 2023 : PLUMBERS AND PIPEFITTERS LOCAL 625 HEALTH & WELFARE FUND 2023 401k financial data |
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| Total unrealized appreciation/depreciation of assets | 2023-05-31 | $0 |
| Total transfer of assets to this plan | 2023-05-31 | $2,093,797 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-05-31 | $1,584,143 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-05-31 | $0 |
| Total income from all sources (including contributions) | 2023-05-31 | $5,977,839 |
| Total loss/gain on sale of assets | 2023-05-31 | $0 |
| Total of all expenses incurred | 2023-05-31 | $4,778,367 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-05-31 | $4,514,602 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-05-31 | $5,977,839 |
| Value of total assets at end of year | 2023-05-31 | $4,877,412 |
| Value of total assets at beginning of year | 2023-05-31 | $0 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-05-31 | $263,765 |
| Total interest from all sources | 2023-05-31 | $0 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-05-31 | $0 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-05-31 | No |
| Administrative expenses professional fees incurred | 2023-05-31 | $177,398 |
| Was this plan covered by a fidelity bond | 2023-05-31 | Yes |
| Value of fidelity bond cover | 2023-05-31 | $500,000 |
| Were there any nonexempt tranactions with any party-in-interest | 2023-05-31 | No |
| Contributions received from participants | 2023-05-31 | $37,090 |
| Participant contributions at end of year | 2023-05-31 | $3,974 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-05-31 | $-770,796 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-05-31 | $1,393,797 |
| Administrative expenses (other) incurred | 2023-05-31 | $11,280 |
| Liabilities. Value of operating payables at end of year | 2023-05-31 | $885 |
| Total non interest bearing cash at end of year | 2023-05-31 | $2,954,907 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-05-31 | No |
| Value of net income/loss | 2023-05-31 | $1,199,472 |
| Value of net assets at end of year (total assets less liabilities) | 2023-05-31 | $3,293,269 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-05-31 | $0 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-05-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-05-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-05-31 | No |
| Expenses. Payments to insurance carriers foe the provision of benefits | 2023-05-31 | $279,236 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-05-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-05-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-05-31 | No |
| Contributions received in cash from employer | 2023-05-31 | $6,711,545 |
| Employer contributions (assets) at end of year | 2023-05-31 | $497,699 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-05-31 | $4,235,366 |
| Contract administrator fees | 2023-05-31 | $75,087 |
| Liabilities. Value of benefit claims payable at end of year | 2023-05-31 | $1,583,258 |
| Assets. Value of buildings and other operty used in plan operation at end of year | 2023-05-31 | $27,035 |
| Did the plan have assets held for investment | 2023-05-31 | No |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-05-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-05-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-05-31 | Unqualified |
| Accountancy firm name | 2023-05-31 | HARRIS, HARDIN & COMPANY, A.C |
| Accountancy firm EIN | 2023-05-31 | 550756523 |
| VISION BENEFITS OF AMERICA (National Association of Insurance Commissioners NAIC id number: 53953 ) |
| Policy contract number | 5397 |
| Policy instance | 1 |
| Insurance contract or identification number | 5397 | | Number of Individuals Covered | 301 | | Insurance policy start date | 2022-09-01 | | Insurance policy end date | 2023-05-31 | | Are there contracts with allocated funds for individual policies? | 0 | | Are there contracts with allocated funds for group deferred annuity? | No | | Are there contracts with allocated funds for types other than group deferred annuity or individual? | No | | Contract purchased, in whole or in part, to distribute benefits from a terminating plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | Are there contracts with unallocated funds for contracts of type immediate participation guarantee? | No | | Are there contracts with unallocated funds for contracts of type guaranteed investment? | No | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | Yes | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $20,258 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
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| ALLSTATE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 82538 ) |
| Policy contract number | O40929 |
| Policy instance | 2 |
| Insurance contract or identification number | O40929 | | Number of Individuals Covered | 296 | | Insurance policy start date | 2022-06-01 | | Insurance policy end date | 2022-05-31 | | Are there contracts with allocated funds for individual policies? | 0 | | Are there contracts with allocated funds for group deferred annuity? | No | | Are there contracts with allocated funds for types other than group deferred annuity or individual? | No | | Contract purchased, in whole or in part, to distribute benefits from a terminating plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | Are there contracts with unallocated funds for contracts of type immediate participation guarantee? | No | | Are there contracts with unallocated funds for contracts of type guaranteed investment? | No | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | No | | Health Insurance Welfare Benefit | Yes | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Other welfare benefits provided | STOP LOSS | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $2,831,649 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
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| HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 70815 ) |
| Policy contract number | 920228 |
| Policy instance | 3 |
| Insurance contract or identification number | 920228 | | Number of Individuals Covered | 308 | | Insurance policy start date | 2023-02-01 | | Insurance policy end date | 2023-05-31 | | Are there contracts with allocated funds for individual policies? | 0 | | Are there contracts with allocated funds for group deferred annuity? | No | | Are there contracts with allocated funds for types other than group deferred annuity or individual? | No | | Contract purchased, in whole or in part, to distribute benefits from a terminating plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | Are there contracts with unallocated funds for contracts of type immediate participation guarantee? | No | | Are there contracts with unallocated funds for contracts of type guaranteed investment? | No | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | No | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | Yes | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $2,596 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
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| DELTA DENTAL OF PENNSYLVANIA (National Association of Insurance Commissioners NAIC id number: 54798 ) |
| Policy contract number | 10200 |
| Policy instance | 4 |
| Insurance contract or identification number | 10200 | | Number of Individuals Covered | 296 | | Insurance policy start date | 2022-06-01 | | Insurance policy end date | 2023-05-31 | | Are there contracts with allocated funds for individual policies? | 0 | | Are there contracts with allocated funds for group deferred annuity? | No | | Are there contracts with allocated funds for types other than group deferred annuity or individual? | No | | Contract purchased, in whole or in part, to distribute benefits from a terminating plan | No | | Contracts With Unallocated Funds Deposit Administration | 0 | | Are there contracts with unallocated funds for contracts of type immediate participation guarantee? | No | | Are there contracts with unallocated funds for contracts of type guaranteed investment? | No | | Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment? | No | | Health Insurance Welfare Benefit | No | | Dental Insurance Welfare Benefit | Yes | | Vision Insurance Welfare Benefit | No | | Life Insurance Welfare Benefit | No | | Temporary Disability Insurance Welfare Benefit | No | | Long Term Disability Insurance Welfare Benefit | No | | Unemployment Insurance Welfare Benefit | No | | Were dividends or retroactive rate refunds paid in cash? | No | | Were dividends or retroactive rate refunds paid as a credit? | No | | Welfare Benefit Premiums Paid to Carrier | USD $137,519 | | Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500? | No |
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