2023 Form 5500 filing — Electricians Annuity Plan - Ibew Local 456
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 20241012181458NAL0042172160002) for Electricians Annuity Plan - Ibew Local 456, reported by Electricians Annuity Fund Ibew Local 456 under EIN 22-2180156 and plan number 001. It reports 1,960 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241012181458NAL0042172160002
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Electricians Annuity Fund Ibew Local 456
- EIN
- 22-2180156
- Plan number
- 001
- Location
- West Trenton, NJ
- Participants
- 1,960
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $328,422,989
- Total liabilities (EOY)
- $2,046,329
- Net assets (EOY)
- $326,376,660
- Employer contributions
- $14,927,934
- Total income / additions
- $52,999,178
- Benefits paid
- $21,493,699
- Administrative expenses
- $482,820
- Total expenses
- $21,976,519
- Net increase / (decrease)
- $31,022,659
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ibew Local 456 Annuity Fund | NONE | $562,629 | not reported in the loaded dataset |
| I.E. Shaffer & Co. | NONE | $259,908 | not reported in the loaded dataset |
| Priac | NONE | $75,999 | not reported in the loaded dataset |
| Mspc Certified Public Accountants | NONE | $38,266 | not reported in the loaded dataset |
| Ubs Financial Services | NONE | $25,000 | not reported in the loaded dataset |
| Kroll Heineman | NONE | $22,846 | not reported in the loaded dataset |
| New Brunswick Electricians Club | NONE | $17,740 | not reported in the loaded dataset |