2023 Form 5500 filing — Ibew Local No. 229 Annuity Fund
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 20250307153119NAL0012027393001) for Ibew Local No. 229 Annuity Fund, reported by Ibew Local No. 229 Annuity Fund under EIN 25-1624277 and plan number 003. It reports 378 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250307153119NAL0012027393001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Ibew Local No. 229 Annuity Fund
- EIN
- 25-1624277
- Plan number
- 003
- Location
- Salem, VA
- Participants
- 378
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $50,739,440
- Total liabilities (EOY)
- $49,917
- Net assets (EOY)
- $50,689,523
- Employer contributions
- $2,659,577
- Total income / additions
- $10,600,176
- Benefits paid
- $2,285,700
- Administrative expenses
- $221,418
- Total expenses
- $2,507,118
- Net increase / (decrease)
- $8,093,058
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Retirement | NONE | $91,425 | $0 |
| Cap Trust Financial Advisors | NONE | $40,000 | not reported in the loaded dataset |
| Lawrence C. Musgrove Associates | NONE | $31,500 | not reported in the loaded dataset |
| Odononoghue & Odonoghue Llp | NONE | $17,096 | not reported in the loaded dataset |
| Baratz & Associates | NONE | $15,820 | not reported in the loaded dataset |
| Fischer Dorwart Pc | NONE | $7,500 | not reported in the loaded dataset |
| Fox Rothschild Llp | NONE | $5,059 | not reported in the loaded dataset |