2023 Form 5500 filing — I B E W Local 673 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 20241014201507NAL0053809090002) for I B E W Local 673 Pension Plan, reported by Trustees Of Plan I B E W Local 673 Pension Plan under EIN 34-6661994 and plan number 001. It reports 552 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014201507NAL0053809090002
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Trustees Of Plan I B E W Local 673 Pension Plan
- EIN
- 34-6661994
- Plan number
- 001
- Location
- Mentor, OH
- Participants
- 552
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $83,994,267
- Total liabilities (EOY)
- $125,419
- Net assets (EOY)
- $83,868,848
- Employer contributions
- $2,580,395
- Total income / additions
- $10,735,155
- Benefits paid
- $8,137,983
- Administrative expenses
- $733,967
- Total expenses
- $8,871,950
- Net increase / (decrease)
- $1,863,205
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Solxsys Adminstrative Solutions LLC | FIDUCIARY | $171,796 | not reported in the loaded dataset |
| Manning And Napier Advisors | FIDUCIARY | $129,159 | not reported in the loaded dataset |
| Newport Investments | FIDUCIARY | $108,507 | not reported in the loaded dataset |
| Ancora Advisors | FIDUCIARY | $78,937 | not reported in the loaded dataset |
| Ubs Financial Services | NONE | $50,000 | not reported in the loaded dataset |
| United Actuarial Services Inc | NONE | $42,150 | not reported in the loaded dataset |
| Gallovic, Granito, & Co Ltd | NONE | $28,768 | not reported in the loaded dataset |
| Fifth Third Bank | FIDUCIARY | $27,099 | not reported in the loaded dataset |
| Pension Benefit Guaranty Corp | NONE | $20,300 | not reported in the loaded dataset |
| Macala & Piatta, L.L.C. | NONE | $16,014 | not reported in the loaded dataset |
| Todd Associates Inc | NONE | $10,939 | not reported in the loaded dataset |
| Ibew 673 Fringe Benefits Funds Inc | FIDUCIARY | $8,608 | not reported in the loaded dataset |
| National Real Estate Advisors | FIDUCIARY | $8,399 | not reported in the loaded dataset |
| Boyd Watterson Asset Management LLC | FIDUCIARY | $7,171 | not reported in the loaded dataset |
| Invesco Trust Company | NONE | $0 | $0 |