2023 Form 5500 filing — Local 351 Ibew Pension 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 20241011110427NAL0010847027002) for Local 351 Ibew Pension Plan, reported by Board Of Trustees Local 351 Pension Fund under EIN 22-3417366 and plan number 001. It reports 3,615 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011110427NAL0010847027002
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees Local 351 Pension Fund
- EIN
- 22-3417366
- Plan number
- 001
- Location
- West Trenton, NJ
- Participants
- 3,615
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $503,340,242
- Total liabilities (EOY)
- $756,062
- Net assets (EOY)
- $502,584,180
- Employer contributions
- $23,592,021
- Total income / additions
- $94,108,083
- Benefits paid
- $36,609,375
- Administrative expenses
- $4,443,073
- Total expenses
- $41,052,448
- Net increase / (decrease)
- $53,055,635
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Patriot Financial Partners, L.P. | NONE | $910,652 | $0 |
| Eagle Capital Management | NONE | $683,436 | not reported in the loaded dataset |
| Gcm Grosvenor | NONE | $579,119 | $0 |
| Polen Capital | NONE | $560,484 | not reported in the loaded dataset |
| Quantum Capital Management | NONE | $379,794 | $0 |
| I.E.Shaffer & Co. | NONE | $321,825 | not reported in the loaded dataset |
| Constitution Capital Partners, LLC | NONE | $251,302 | $0 |
| Asb Re Investment | NONE | $190,051 | not reported in the loaded dataset |
| Jp Morgan | NONE | $115,946 | $0 |
| Garcia Hamilton | NONE | $91,442 | not reported in the loaded dataset |
| Dahab And Asso. | NONE | $68,000 | not reported in the loaded dataset |
| Prudential Retirement Ins & Annuity | NONE | $61,518 | $0 |
| Gerson & Assoc Cpas And Advisors Pc | NONE | $56,000 | not reported in the loaded dataset |
| O'Brien Belland & Bushinsky | NONE | $37,454 | not reported in the loaded dataset |
| Summit Actuarial Services | NONE | $30,100 | not reported in the loaded dataset |
| Mspc Certified Public Accountants | NONE | $24,037 | not reported in the loaded dataset |