2023 Form 5500 filing — Ibew Local 129 Profit Sharing Annuity 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 20241015074507NAL0048405984004) for Ibew Local 129 Profit Sharing Annuity Plan, reported by Ibew Local Union 129 under EIN 34-1414182 and plan number 002. It reports 381 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015074507NAL0048405984004
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Ibew Local Union 129
- EIN
- 34-1414182
- Plan number
- 002
- Location
- Troy, MI
- Participants
- 381
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $48,424,227
- Net assets (EOY)
- $48,424,227
- Employer contributions
- $1,407,875
- Total income / additions
- $8,973,774
- Benefits paid
- $2,767,491
- Administrative expenses
- $36,489
- Total expenses
- $2,819,259
- Net increase / (decrease)
- $6,154,515
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Retirement | NONE | $36,489 | not reported in the loaded dataset |