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Original filing (PDF)20260114095256NAL0029878946002
LOCAL NO. 863 WELFARE PLAN
Form 5500
FILING_RECEIVED
LOCAL NO. 863 WELFARE PLAN
Health & welfare plan
Signals · 3
~392 bps in Sched C feesNo recordkeeper disclosed13 service providers
Active participants
3,130
Accounts w/ balance
—
Plan assets (EOY)
$23.9M
Net assets (EOY)
$18.1M
Plan health score (directional)
83
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
65
Vendor stack
68
Participation health
100
Knocking points off
- 392 bps in Schedule C fees — 1253% above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
- Highly fragmented vendor stack (13 disclosed providers, 5 categories).
Helping the score
- Concentration not scored — Schedule of Assets PDF not yet parsed for this plan.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for LOCAL NO. 863 WELFARE PLAN.
Plan sponsor
Name
LOCAL NO. 863 WELFARE PLAN
EIN
22-1478216
Address
209 SUMMIT ROAD · MOUNTAINSIDE, NJ · 07092
Phone
(908) 654-6990
Industry
Transportation & Warehousingsee all
Plan administrator
Name
TRUSTEES OF THE WELFARE FUND OF TEAMSTERS LOCAL UNION NO. 863
EIN
22-1478216
City
MOUNTAINSIDE, NJ
Phone
(908) 654-6920
Plan characteristics
Plan number
501
Plan year
2024
Plan year begin
2024-04-01
Tax period
2025-03-31
Filed
2026-01-14
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4D · Dental
4E · Vision
Audit & trust (Schedule H)
Auditor
BEDERSON LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
13 rowsAdvisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| JANNEY MONTGOMERY SCOTT LLC | 23-0731260 | BEDMINSTER, NJ | INVESTMENT ADVISER | $83K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BEDERSON LLP | 22-2978848 | FAIRFIELD, NJ | AUDITOR | $89K | — |
Actuary
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| THE SEGAL COMPANY | 06-0839113 | NEW YORK, NY | ACTUARY | $58K | — |
Legal counsel
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| KENNETH NOWAK, ESQ. | 14-9387261 | NEW YORK, NY | ATTORNEY | $27K | — |
| ZAZZALI ET AL | 22-1973215 | NEWARK, NJ | ATTORNEY | $19K | — |
Other
8| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| KATHRYN ZIZZA | 22-1478216 | — | EMPLOYEE | $151K | — |
| HEALTH CARE ADMIN | 22-2149588 | WEST PATERSON, NJ | ADMIN. | $147K | — |
| STATEWIDE HEALTH DATA SYSTEMS | 22-4434348 | WEST PATERSON, NJ | COMPUTER SERVICE | $87K | — |
| ANNA ROMANO | 22-1478216 | — | EMPLOYEE | $71K | — |
| ROSA VIGARIO | 22-1478216 | — | EMPLOYEE | $71K | — |
| DONNA CLADER | 22-1478216 | — | EMPLOYEE | $62K | — |
| ANNA PANNELLA | 22-1478216 | — | EMPLOYEE | $58K | — |
| LORI DIBENEDETTO | 22-1478216 | — | EMPLOYEE | $14K | — |
Investments
The Schedule of Assets is filed as a free-form PDF attachment on EFAST2; we parse these offline and coverage is partial (priority is the largest plans by EOY assets). This plan also reports no pooled (Schedule D) interests, so its holdings aren’t hidden on a master-trust filing. The line-item data lives on DOL EFAST2 under the same ACK_ID.
See Methodology > Data linkages for how Form 5500 / Schedule H / Schedule D / Schedule of Assets fit together.