2023 Form 5500 filing — Shopmen Local Union 502 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 20241011124215NAL0021875921001) for Shopmen Local Union 502 Pension Plan, reported by Shopmen Iron Workers Local 502 Board Of Trustees Pension Fund under EIN 23-6529457 and plan number 001. It reports 1,204 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011124215NAL0021875921001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Shopmen Iron Workers Local 502 Board Of Trustees Pension Fund
- EIN
- 23-6529457
- Plan number
- 001
- Location
- Limerick, PA
- Participants
- 1,204
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $72,931,263
- Total liabilities (EOY)
- $46,000
- Net assets (EOY)
- $72,885,263
- Employer contributions
- $2,116,580
- Total income / additions
- $12,426,012
- Benefits paid
- $6,465,863
- Administrative expenses
- $486,022
- Total expenses
- $6,951,885
- Net increase / (decrease)
- $5,474,127
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| The Vanguard Group | NONE | $165,253 | $0 |
| The Segal Company | NONE | $64,200 | not reported in the loaded dataset |
| Doreen Friel | EMPLOYEE | $28,817 | not reported in the loaded dataset |
| Bridgeway Benefit Technologies | NONE | $25,987 | not reported in the loaded dataset |
| Pnc Bank N.A. | NONE | $24,722 | not reported in the loaded dataset |
| Brown & Connery | NONE | $19,799 | not reported in the loaded dataset |
| Fischer Dorwart, P.C. | NONE | $17,500 | not reported in the loaded dataset |
| Idr Investment Management | NONE | $7,340 | not reported in the loaded dataset |