Plan5500

2023 Form 5500 filing — Ibew Local 505 Neca 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 20250613114240NAL0050211346002) for Ibew Local 505 Neca Pension Plan, reported by Ibew Local 505 Neca Pension Plan under EIN 51-0176914 and plan number 001. It reports 1,002 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20250613114240NAL0050211346002
Filing year
2023
Form type
1
Plan sponsor
Ibew Local 505 Neca Pension Plan
EIN
51-0176914
Plan number
001
Location
Mobile, AL
Participants
1,002
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$64,124,805
Total liabilities (EOY)
$15,623
Net assets (EOY)
$64,109,182
Employer contributions
$3,967,793
Total income / additions
$11,581,554
Benefits paid
$4,531,205
Administrative expenses
$505,145
Total expenses
$5,036,350
Net increase / (decrease)
$6,545,204
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Highland Capital Management LLCINVESTMENT MANAGER$136,772$1,055
Gulf States Cons & Adm IncADMINISTRATOR$76,200not reported in the loaded dataset
Multi-Employer Property TrustINVESTMENT MANAGER$41,846$0
Reynolds ConsultingINVESTMENT CONSULTING$41,042not reported in the loaded dataset
Ullico Investment Advisors, IncINVESTMENT MANAGER$38,517$0
Southern Actuarial Services CompanyACTUARY$18,325not reported in the loaded dataset
Us BankCUSTODIAN$18,032$0
Carr, Riggs & Ingram, LLCAUDITOR$17,250not reported in the loaded dataset

Related Form 5500 pages