2023 Form 5500 filing — Ibew Local Nos 570 & 518 And Southern Az Chap Neca Annuity
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 20241002112204NAL0008711425001) for Ibew Local Nos 570 & 518 And Southern Az Chap Neca Annuity, reported by B Of T Ibew Local Nos 570 & 518 And Southern Az Chap Neca Annuity Plan under EIN 86-6089862 and plan number 002. It reports 1,484 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 1 · 2023
Filing snapshot
Net assets (EOY)$38.4MReported net assets$38,395,495
Participants1.5K1,484
Provider compensation$243.3K8 Schedule C row(s)$243,281
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241002112204NAL0008711425001
- Plan sponsor
- B Of T Ibew Local Nos 570 & 518 And Southern Az Chap Neca Annuity Plan
- EIN
- 86-6089862
- Plan number
- 002
- Location
- Phoenix, AZ
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$38.4M total assets
Net assets$38.4MLiabilities$5.1K
Full reported line items
- Total assets (EOY)
- $38,400,558
- Total liabilities (EOY)
- $5,063
- Net assets (EOY)
- $38,395,495
- Employer contributions
- $2,675,464
- Total income / additions
- $6,756,443
- Benefits paid
- $1,062,819
- Administrative expenses
- $253,444
- Total expenses
- $1,316,263
- Net increase / (decrease)
- $5,440,180
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ubs Financial Service | NONE OTHER THAN CONTRACT | $106,883 | not reported in the loaded dataset |
| Wellesley | NONE OTHER THAN CONTRACT | $39,750 | not reported in the loaded dataset |
| Southwest Service Administrators | NONE OTHER THAN CONTRACT | $30,950 | not reported in the loaded dataset |
| Baldwin Moffitt Behm Llp | NONE OTHER THAN CONTRACT | $21,076 | not reported in the loaded dataset |
| Wcm | NONE OTHER THAN CONTRACT | $19,456 | not reported in the loaded dataset |
| Segal Consulting | NONE OTHER THAN CONTRACT | $11,201 | not reported in the loaded dataset |
| Ryan Rapp Underwood & Pacheco | NONE OTHER THAN CONTRACT | $7,770 | not reported in the loaded dataset |
| Segal Select Insurance | NONE OTHER THAN CONTRACT | $6,195 | not reported in the loaded dataset |