2023 Form 5500 filing — Ibew/Neca Sound And Communications Health And Welfare 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 20241016022532NAL0050373024001) for Ibew/Neca Sound And Communications Health And Welfare Plan, reported by Board Of Trustees, Ibew/Neca Sound And Communications under EIN 77-0234638 and plan number 501. It reports 3,210 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 1 · 2023

Filing snapshot

Net assets (EOY)$38.1MReported net assets$38,112,637
Participants3.2K3,210
Provider compensation$2.3M12 Schedule C row(s)$2,334,321
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241016022532NAL0050373024001
Plan sponsor
Board Of Trustees, Ibew/Neca Sound And Communications
EIN
77-0234638
Plan number
501
Location
San Jose, CA
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$78M total assets
Net assets$38.1MLiabilities$39.9M
Money in vs. money out
Total income / additions$75.1M
Total expenses$75.7M
Benefits paid / distributions$73.6M
Contributions
Employer$68.4M
Participant$414.5K
Full reported line items
Total assets (EOY)
$77,985,735
Total liabilities (EOY)
$39,873,098
Net assets (EOY)
$38,112,637
Employer contributions
$68,424,562
Participant contributions
$414,548
Total income / additions
$75,101,178
Benefits paid
$73,644,011
Administrative expenses
$2,023,714
Total expenses
$75,667,725
Net increase / (decrease)
-$566,547
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    NONE · Direct $1.2M
  2. 2
    NONE · Direct $429.4K
  3. 3
    NONE · Direct $180.9K
  4. 4
    NONE · Direct $131.4K
  5. 5
    NONE · Direct $100.6K
  6. 6
    NONE · Direct $87.6K
  7. 7
  8. 8
    NONE · Direct $54K
  9. 9
    NONE · Direct $39.7K
  10. 10
    NONE · Direct $34.5K
  11. 11
    NONE · Direct $30K
  12. 12
    NONE · Direct $22.9K

Related Form 5500 pages