2023 Form 5500 filing — Electrical Workers Pension Trust Fund Of Local Union No. 58 - Ibew
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 20241014074512NAL0012980931001) for Electrical Workers Pension Trust Fund Of Local Union No. 58 - Ibew, reported by The Board Of Trustees Of The Electrical Workers Pension Trust under EIN 38-6080404 and plan number 001. It reports 8,529 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014074512NAL0012980931001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- The Board Of Trustees Of The Electrical Workers Pension Trust
- EIN
- 38-6080404
- Plan number
- 001
- Location
- Madison Heights, MI
- Participants
- 8,529
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $888,485,059
- Total liabilities (EOY)
- $21,334,022
- Net assets (EOY)
- $867,151,037
- Employer contributions
- $70,098,722
- Total income / additions
- $138,024,568
- Benefits paid
- $66,341,595
- Administrative expenses
- $2,825,334
- Total expenses
- $69,166,929
- Net increase / (decrease)
- $68,857,639
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Clarkston Capital Partners | NONE | $469,107 | not reported in the loaded dataset |
| Morgan Stanley | NONE | $438,203 | not reported in the loaded dataset |
| Hamlin Capital Management, LLC | NONE | $354,001 | not reported in the loaded dataset |
| Loomis Sayles & Company | NONE | $194,831 | not reported in the loaded dataset |
| Seizert Capital Partners | NONE | $116,260 | not reported in the loaded dataset |
| Comerica Bank | NONE | $114,167 | $0 |
| Bettye Naegeli | EMPLOYEE (WAGES PAID) | $76,208 | not reported in the loaded dataset |
| Madison Investments | NONE | $74,158 | not reported in the loaded dataset |
| Rachel Rupard | EMPLOYEE (WAGES PAID) | $69,000 | not reported in the loaded dataset |
| E Craig Young | EMPLOYEE (WAGES PAID) | $65,564 | not reported in the loaded dataset |
| Benesys Inc | NONE | $50,991 | not reported in the loaded dataset |
| Mcclain Smith & Wenz Pc | AUDITOR OF PARENT ORGANIZ | $45,166 | not reported in the loaded dataset |
| United Actuarial Services Inc | NONE | $36,600 | not reported in the loaded dataset |
| Sarah Padgett | EMPLOYEE (WAGES PAID) | $33,738 | not reported in the loaded dataset |
| Auxiom | NONE | $22,010 | not reported in the loaded dataset |
| Solxsys Administrative Solutions | NONE | $19,350 | not reported in the loaded dataset |
| Watkins Pawlick Calati & Prifti, Pc | NONE | $16,966 | not reported in the loaded dataset |
| Union Services Agency | NONE | $7,734 | not reported in the loaded dataset |