2023 Form 5500 filing — Ibew Local Union No. 126 Retirement 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 20250220164832NAL0005298945001) for Ibew Local Union No. 126 Retirement Plan, reported by Trustees Of Ibew Local Union No.126 Retirement Plan under EIN 23-2156093 and plan number 001. It reports 6,319 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250220164832NAL0005298945001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Trustees Of Ibew Local Union No.126 Retirement Plan
- EIN
- 23-2156093
- Plan number
- 001
- Location
- Collegeville, PA
- Participants
- 6,319
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $876,601,273
- Total liabilities (EOY)
- $2,037,711
- Net assets (EOY)
- $874,563,562
- Employer contributions
- $76,326,681
- Participant contributions
- $1,831,789
- Total income / additions
- $186,652,430
- Benefits paid
- $39,323,160
- Administrative expenses
- $1,051,872
- Total expenses
- $40,375,032
- Net increase / (decrease)
- $146,277,398
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions | NONE | $710,201 | $0 |
| Ibew Local Union No. 126 | RELATED PARTY | $192,059 | not reported in the loaded dataset |
| Novak Francella, LLC | NONE | $36,856 | not reported in the loaded dataset |
| Fox Rothschild, Llp | NONE | $29,688 | not reported in the loaded dataset |
| Morgan Stanley Graystone | NONE | $20,000 | not reported in the loaded dataset |
| Bridgeway Benefit Technologies | NONE | $12,346 | not reported in the loaded dataset |
| Cleary , Josem & Trigiani Llp | NONE | $10,660 | not reported in the loaded dataset |
| National Financial Services | NONE | $0 | $0 |