Plain-English plan 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, Local 298 Annuity Fund is a benefit plan reported by Board Of Trustees Of Local 298 Annuity Fund under EIN 11-6049445 and plan number 002. The latest loaded filing year is 2023. The filing reports 2,500 participants and $11,717,596 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,717,596
- Total liabilities (EOY)
- $18,000
- Net assets (EOY)
- $11,699,596
- Net assets (BOY)
- $7,824,408
Income & contributions
- Employer contributions
- $2,171,584
- Participant contributions
- $1,681,205
- Total contributions
- $3,852,789
- Total income / additions
- $4,852,067
Expenses & distributions
- Benefits paid
- $945,704
- Administrative expenses
- $31,175
- Total expenses
- $976,879
- Net increase / (decrease)
- $3,875,188