2023 Form 5500 filing — Iron Workers Local 498 Defined Benefit Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241001104408NAL0006621681002) for Iron Workers Local 498 Defined Benefit Plan, reported by Trustees Of The Iron Workers Local 498 Defined Benefit Plan under EIN 36-3119818 and plan number 003. It reports 509 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241001104408NAL0006621681002
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Trustees Of The Iron Workers Local 498 Defined Benefit Plan
- EIN
- 36-3119818
- Plan number
- 003
- Location
- Oak Brook, IL
- Participants
- 509
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $30,384,605
- Total liabilities (EOY)
- $122,292
- Net assets (EOY)
- $30,262,313
- Employer contributions
- $3,974,246
- Total income / additions
- $7,156,597
- Benefits paid
- $4,243,219
- Administrative expenses
- $327,532
- Total expenses
- $4,570,751
- Net increase / (decrease)
- $2,585,846
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Zenith American Solutions | NONE | $56,264 | not reported in the loaded dataset |
| Benefit Management Group, Inc | NONE | $37,500 | not reported in the loaded dataset |
| Calibre Cpa Group, Pllc | NONE | $28,232 | not reported in the loaded dataset |
| American Realty Advisors | NONE | $27,913 | not reported in the loaded dataset |
| Segal Marco Advisors | NONE | $25,000 | not reported in the loaded dataset |
| Marco, Mcguire & Arreola | NONE | $24,510 | not reported in the loaded dataset |
| Ted Windsor & Associates | NONE | $24,250 | not reported in the loaded dataset |
| Comerica Bank | NONE | $19,039 | $0 |
| Legacy Professionals | NONE | $18,720 | not reported in the loaded dataset |
| Northern Trust Company | NONE | $3,441 | $0 |