2023 Form 5500 filing — Ibew Local 351 Surety 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 20241011111938NAL0010857635002) for Ibew Local 351 Surety Plan, reported by Ibew Local 351 Surety Fund Trustees under EIN 22-3431479 and plan number 002. It reports 2,567 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011111938NAL0010857635002
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Ibew Local 351 Surety Fund Trustees
- EIN
- 22-3431479
- Plan number
- 002
- Location
- West Trenton, NJ
- Participants
- 2,567
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $601,909,862
- Total liabilities (EOY)
- $583,980
- Net assets (EOY)
- $601,325,882
- Employer contributions
- $33,338,086
- Total income / additions
- $118,623,675
- Benefits paid
- $36,153,311
- Administrative expenses
- $554,353
- Total expenses
- $36,707,664
- Net increase / (decrease)
- $81,916,011
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ibew Local 351 Surety Fund | TAFTHARTLEY PLAN- PAYMENT | $715,571 | not reported in the loaded dataset |
| I.E.Shaffer & Co. | NONE | $386,669 | not reported in the loaded dataset |
| Gerson & Assoc Cpas And Advisors Pc | NONE | $37,000 | not reported in the loaded dataset |
| Morgan Stanley Smith Barney LLC | NONE | $30,000 | $0 |
| Bank Of New York Mellon | NONE | $24,000 | not reported in the loaded dataset |
| O'Brien Belland & Bushinsky | NONE | $22,256 | not reported in the loaded dataset |
| Mspc Certified Public Accountants | NONE | $12,806 | not reported in the loaded dataset |
| Empower Annuity Insurance Company O | RECORDKEEPER | $0 | $0 |