2023 Form 5500 filing — Ibew Local 573 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 20241011123008NAL0012483923003) for Ibew Local 573 Pension Plan, reported by Trustees Of Ibew Local No. 573 Pension Plan under EIN 34-6570323 and plan number 001. It reports 524 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011123008NAL0012483923003
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Trustees Of Ibew Local No. 573 Pension Plan
- EIN
- 34-6570323
- Plan number
- 001
- Location
- Canfield, OH
- Participants
- 524
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $55,903,676
- Total liabilities (EOY)
- $63,530
- Net assets (EOY)
- $55,840,146
- Employer contributions
- $3,600,924
- Total income / additions
- $9,582,734
- Benefits paid
- $3,974,708
- Administrative expenses
- $307,236
- Total expenses
- $4,281,944
- Net increase / (decrease)
- $5,300,790
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Segal Marco Advisors | INVESTMENT CONSULTANT | $102,575 | not reported in the loaded dataset |
| Cowden Associates, Inc. | ACTUARY | $41,570 | not reported in the loaded dataset |
| National Real Estate Advisors | INVESTMENT CUSTODIAN | $32,824 | not reported in the loaded dataset |
| Benesys | THIRD PARTY ADMINISTRATOR | $30,569 | not reported in the loaded dataset |
| Yurchyk & Davis Cpa'S Inc | AUDITOR | $21,312 | not reported in the loaded dataset |
| Pbgc Premium | NONE | $18,340 | not reported in the loaded dataset |
| New Tower Trust Company | INVESTMENT MANAGER | $13,291 | $0 |
| Macala & Piatt, LLC | ATTORNEY | $11,089 | not reported in the loaded dataset |
| Pnc Bank | BANK SERVICE CHARGES | $7,793 | not reported in the loaded dataset |