2023 Form 5500 filing — Ibew Local Union No 351 Welfare And Supplemental Fund
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 20241011120008NAL0036854320002) for Ibew Local Union No 351 Welfare And Supplemental Fund, reported by Ibew Local Union No 351 Welfare And Supplemental Fund under EIN 45-4955344 and plan number 501. It reports 2,438 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011120008NAL0036854320002
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Ibew Local Union No 351 Welfare And Supplemental Fund
- EIN
- 45-4955344
- Plan number
- 501
- Location
- West Trenton, NJ
- Participants
- 2,438
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $19,159,807
- Total liabilities (EOY)
- $1,553,249
- Net assets (EOY)
- $17,606,558
- Employer contributions
- $11,867,283
- Participant contributions
- $2,377,200
- Total income / additions
- $14,925,858
- Benefits paid
- $14,275,335
- Administrative expenses
- $356,346
- Total expenses
- $14,631,681
- Net increase / (decrease)
- $294,177
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| I.E. Shaffer & Co | NONE | $262,902 | not reported in the loaded dataset |
| Gerson & Assoc. Cpas And Advisors, | NONE | $25,000 | not reported in the loaded dataset |
| Morgan Stanley | NONE | $14,027 | $0 |
| O'Brien Belland & Bushinsky | NONE | $5,953 | not reported in the loaded dataset |
| Summit Actuarial | NONE | $5,463 | not reported in the loaded dataset |
| Prudential Retirement Insurance And | NONE | $0 | $0 |