2023 Form 5500 filing — Laborers Local 785 Defined Contribution 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 20241007143021NAL0008963683001) for Laborers Local 785 Defined Contribution Plan, reported by Board Of Trustees Laborers Local 785 Defined Contribution Plan under EIN 16-1605797 and plan number 001. It reports 1,009 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007143021NAL0008963683001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees Laborers Local 785 Defined Contribution Plan
- EIN
- 16-1605797
- Plan number
- 001
- Location
- Ithaca, NY
- Participants
- 1,009
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $36,234,260
- Total liabilities (EOY)
- $152,004
- Net assets (EOY)
- $36,082,256
- Employer contributions
- $3,135,251
- Total income / additions
- $7,579,995
- Benefits paid
- $3,078,862
- Administrative expenses
- $348,091
- Total expenses
- $3,426,953
- Net increase / (decrease)
- $4,153,042
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cornell Pochily Investment Advisors | NONE | $190,099 | not reported in the loaded dataset |
| Bonadio & Co., Llp | NONE | $27,377 | not reported in the loaded dataset |
| Local 785 Pension Fund | AFFILIATED FUND | $26,714 | not reported in the loaded dataset |
| Lipsitz Green Scime Cambria, Llp | NONE | $10,843 | not reported in the loaded dataset |
| Local 785 Building Corporation | RELATED PARTY | $7,020 | not reported in the loaded dataset |