2023 Form 5500 filing — I.B.E.W. Local 490 Pension 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 20250311112205NAL0017457473001) for I.B.E.W. Local 490 Pension Fund, reported by Joint Board Of Trustees Of I.B.E.W. 490 Pension under EIN 02-6026500 and plan number 001. It reports 622 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)$65.6MReported net assets$65,643,123
Participants622
Provider compensation$313.8K11 Schedule C row(s)$313,822
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20250311112205NAL0017457473001
Plan sponsor
Joint Board Of Trustees Of I.B.E.W. 490 Pension
EIN
02-6026500
Plan number
001
Location
Concord, NH
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)$65.7M total assets
Net assets$65.6MLiabilities$33.9K
Money in vs. money out
Total income / additions$11.7M
Total expenses$3.8M
Benefits paid / distributions$3.4M
Contributions
Employer$2.7M
ParticipantNot reported
Full reported line items
Total assets (EOY)
$65,676,992
Total liabilities (EOY)
$33,869
Net assets (EOY)
$65,643,123
Employer contributions
$2,693,989
Total income / additions
$11,734,159
Benefits paid
$3,386,257
Administrative expenses
$396,748
Total expenses
$3,783,005
Net increase / (decrease)
$7,951,154

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
James LukemanEMPLOYEE$122,846not reported in the loaded dataset
Intercontinental Real Estate InvestNONE$42,445not reported in the loaded dataset
Segal Marco AdvisorsNONE$40,000not reported in the loaded dataset
Bolton Partners Northeast, Inc.NONE$30,300not reported in the loaded dataset
Novak Francella LLCNONE$19,722not reported in the loaded dataset
Mr. MicrochipNONE$16,561not reported in the loaded dataset
National Real Estate Advisors, LLCNONE$10,472not reported in the loaded dataset
Krakow, Souris, & Landry LLCNONE$10,000not reported in the loaded dataset
Ifm Investors Advisor LLCNONE$9,727not reported in the loaded dataset
Amalgamated BankNONE$6,394$0
Brandywine Global Investment ManageNONE$5,355not reported in the loaded dataset

Related Form 5500 pages