2023 Form 5500 filing — I.B.E.W. Local #490 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 20250311153856NAL0010821027001) for I.B.E.W. Local #490 Annuity Plan, reported by Joint Board Of Trustee Of I.B.E.W. under EIN 02-6075267 and plan number 002. It reports 366 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250311153856NAL0010821027001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Joint Board Of Trustee Of I.B.E.W.
- EIN
- 02-6075267
- Plan number
- 002
- Location
- Concord, NH
- Participants
- 366
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $29,915,888
- Total liabilities (EOY)
- $101,154
- Net assets (EOY)
- $29,814,734
- Employer contributions
- $817,056
- Total income / additions
- $6,348,360
- Benefits paid
- $2,752,602
- Administrative expenses
- $147,545
- Total expenses
- $2,900,147
- Net increase / (decrease)
- $3,448,213
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| I.B.E.W. Local 490 Pension Fund | NONE | $41,000 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | NONE | $32,223 | $0 |
| Stancorp Financial Group | NONE | $28,723 | not reported in the loaded dataset |
| Segal Marco Advisors | NONE | $20,000 | not reported in the loaded dataset |
| Novak Francella, LLC | NONE | $12,371 | not reported in the loaded dataset |
| Krakow, Souris & Landry LLC | NONE | $10,000 | not reported in the loaded dataset |
| Empower Advisory Group LLC | NONE | $7,095 | not reported in the loaded dataset |