2023 Form 5500 filing — I.B.E.W. Local 241 Pension 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 20250311180459NAL0028586480001) for I.B.E.W. Local 241 Pension Plan, reported by Board Of Trustees Of I.B.E.W. Local 241 Pension Plan under EIN 16-6118689 and plan number 001. It reports 241 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250311180459NAL0028586480001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees Of I.B.E.W. Local 241 Pension Plan
- EIN
- 16-6118689
- Plan number
- 001
- Location
- Ithaca, NY
- Participants
- 241
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $25,327,347
- Total liabilities (EOY)
- $102,679
- Net assets (EOY)
- $25,224,668
- Employer contributions
- $1,726,543
- Total income / additions
- $3,313,529
- Benefits paid
- $991,321
- Administrative expenses
- $313,821
- Total expenses
- $1,305,142
- Net increase / (decrease)
- $2,008,387
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Solxsys Administrative Solutions | THIRD PARTY ADMINISTRATOR | $76,800 | not reported in the loaded dataset |
| Bolton Partners Northeast, Inc. | NONE | $55,000 | not reported in the loaded dataset |
| Segal Advisors | NONE | $36,083 | not reported in the loaded dataset |
| Blitman & King | NONE | $35,405 | not reported in the loaded dataset |
| Mengel Metzger Barr & Co | NONE | $27,014 | not reported in the loaded dataset |
| Chevy Chase Trust | NONE | $26,342 | not reported in the loaded dataset |