I.B.E.W. Local 241 Pension Plan — Form 5500 plan (Board Of Trustees Of I.B.E.W. Local 241 Pension Plan)
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, I.B.E.W. Local 241 Pension Plan is a benefit plan reported by Board Of Trustees Of I.B.E.W. Local 241 Pension Plan under EIN 16-6118689 and plan number 001. The latest loaded filing year is 2023. The filing reports 241 participants and $25,327,347 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Board Of Trustees Of I.B.E.W. Local 241 Pension Plan
- EIN
- 16-6118689
- Plan number
- 001
- Plan type
- 1
- Location
- Ithaca, NY
- Latest filing year
- 2023
- Participants
- 241
- End-of-year plan assets
- $25,327,347
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 241 | H, C | 20250311180459NAL0028586480001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $25,327,347
- Total liabilities (EOY)
- $102,679
- Net assets (EOY)
- $25,224,668
- Net assets (BOY)
- $23,216,281
Income & contributions
- Employer contributions
- $1,726,543
- Total contributions
- $1,726,543
- Total income / additions
- $3,313,529
Expenses & distributions
- Benefits paid
- $991,321
- Administrative expenses
- $313,821
- Total expenses
- $1,305,142
- Net increase / (decrease)
- $2,008,387
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Solxsys Administrative Solutions | THIRD PARTY ADMINISTRATOR | $76,800 | not reported in the loaded dataset | 2023 |
| Bolton Partners Northeast, Inc. | NONE | $55,000 | not reported in the loaded dataset | 2023 |
| Segal Advisors | NONE | $36,083 | not reported in the loaded dataset | 2023 |
| Blitman & King | NONE | $35,405 | not reported in the loaded dataset | 2023 |
| Mengel Metzger Barr & Co | NONE | $27,014 | not reported in the loaded dataset | 2023 |
| Chevy Chase Trust | NONE | $26,342 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Board Of Trustees Of I.B.E.W. Local 241 Pension Plan
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Ithaca, NY
- Solxsys Administrative Solutions — Schedule C compensation
- Bolton Partners Northeast, Inc. — Schedule C compensation
- Segal Advisors — Schedule C compensation
- Blitman & King — Schedule C compensation
- Mengel Metzger Barr & Co — Schedule C compensation
- Chevy Chase Trust — Schedule C compensation