2023 Form 5500 filing — Ibew Local 325 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 20250616120923NAL0000483859002) for Ibew Local 325 Annuity Fund, reported by Ibew Local Union 325 under EIN 16-1368200 and plan number 002. It reports 382 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250616120923NAL0000483859002
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Ibew Local Union 325
- EIN
- 16-1368200
- Plan number
- 002
- Location
- Binghamton, NY
- Participants
- 382
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $40,467,689
- Total liabilities (EOY)
- $32,853
- Net assets (EOY)
- $40,434,836
- Employer contributions
- $2,367,888
- Total income / additions
- $5,820,648
- Benefits paid
- $2,244,318
- Administrative expenses
- $414,422
- Total expenses
- $2,658,740
- Net increase / (decrease)
- $3,161,908
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Manning & Napier | PARTY-IN-INTEREST | $71,154 | $0 |
| Amalgamated Bank Of Chicago | NONE | $36,717 | $0 |
| Blitman & King | NONE | $14,283 | not reported in the loaded dataset |
| Investment Performance Services, Ll | NONE | $14,250 | not reported in the loaded dataset |
| D'Arcangelo & Co., Llp | NONE | $14,100 | not reported in the loaded dataset |
| Segall Bryant & Hamill | NONE | $10,621 | $0 |
| Principal | NONE | $10,136 | not reported in the loaded dataset |
| Bolton Parners Northeast, Inc. | NONE | $5,700 | not reported in the loaded dataset |