2023 Form 5500 filing — Ibew Local Union 573 Profit Sharing Plan And Trust
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 20241010121507NAL0020046721003) for Ibew Local Union 573 Profit Sharing Plan And Trust, reported by Profit Sharing Plan And Trust Ibew No. 573 Pension Trust Fund under EIN 34-1667617 and plan number 002. It reports 1,198 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)$27.3MReported net assets$27,301,957
Participants1.2K1,198
Provider compensation$110.4K6 Schedule C row(s)$110,439
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241010121507NAL0020046721003
- Plan sponsor
- Profit Sharing Plan And Trust Ibew No. 573 Pension Trust Fund
- EIN
- 34-1667617
- Plan number
- 002
- Location
- Canfield, OH
- 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)$27.3M total assets
Net assets$27.3MLiabilities$35.7K
Full reported line items
- Total assets (EOY)
- $27,337,625
- Total liabilities (EOY)
- $35,668
- Net assets (EOY)
- $27,301,957
- Employer contributions
- $1,995,155
- Total income / additions
- $4,738,371
- Benefits paid
- $588,007
- Administrative expenses
- $118,458
- Total expenses
- $706,465
- Net increase / (decrease)
- $4,031,906
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Segal Marco Advisors | INVESTMENT CUSTODIAN | $47,256 | not reported in the loaded dataset |
| Yurchyk & Davis Cpa'S, Inc | AUDITOR | $22,302 | not reported in the loaded dataset |
| Benesys, Inc | THIRD PARTY ADMINISTRATOR | $14,789 | not reported in the loaded dataset |
| National Real Estate Advisors, LLC | INVESTMENT MANAGER | $13,343 | not reported in the loaded dataset |
| Macalla & Piatt, LLC | ATTORNEY | $8,009 | not reported in the loaded dataset |
| Newtower Trust Company | INVESTMENT MANAGER | $4,740 | $0 |