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Original filing (PDF)20251014121910NAL0003908960001
INSULATORS LOCAL NO. 53 WELFARE FUND
Form 5500
FILING_RECEIVED
INSULATORS LOCAL NO. 53 WELFARE FUND
Health & welfare plan
Signals · 3
~244 bps in Sched C feesNo recordkeeper disclosed6 service providers
Active participants
123
Accounts w/ balance
—
Plan assets (EOY)
$8.4M
Net assets (EOY)
$7.3M
Plan health score (directional)
84
/ 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
80
Participation health
100
Knocking points off
- 244 bps in Schedule C fees — 370% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
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 INSULATORS LOCAL NO. 53 WELFARE FUND.
Plan sponsor
Name
INSULATORS LOCAL NO. 53 WELFARE FUND
EIN
72-0455641
Address
2001 VETERANS MEMORIAL BLVD STE 200 · KENNER, LA · 700625466
Phone
(504) 468-9654
Industry
Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
501
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4F · Temporary Disability (accident and sickness)
4T · Long-Term Care
4U · Dependent Care
Audit & trust (Schedule H)
Auditor
TED SOILEAU CPA LLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
6 rowsCustodian
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| SEI INVESTMENT MANAGEMENT CORP | 04-2452803 | OAKS, PA | INVESTMENT CUSTODIAN | $29K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| HORIZON ACTUARIAL SERVICES | 26-1370698 | ATLANTA, GA | CONSULTANT | $51K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| TED SOILEAU CPA LLC | 45-1621265 | BATON ROUGE, LA | ACCOUNTANT | $26K | — |
Legal counsel
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ROBEIN, URANN, SPENCER & CONGEMI | 72-0999672 | METAIRIE, LA | ATTORNEY | $20K | — |
Other
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BLUE CORSS BLUE SHIELD OF LOUISIANA | 23-7384555 | BATON ROUGE, LA | CLAIMS PROCESSOR | $60K | — |
| RYAN BORDELON | 72-0455641 | KENNER, LA | FUND ADMINISTRATOR | $17K | — |
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.