Local 863 Ibt Retirement Savings Plan — Form 5500 plan (Board Of Trustees, Ibt Local 863)
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 863 Ibt Retirement Savings Plan is a benefit plan reported by Board Of Trustees, Ibt Local 863 under EIN 20-8919589 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,916 participants and $75,365,835 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Board Of Trustees, Ibt Local 863
- EIN
- 20-8919589
- Plan number
- 001
- Plan type
- 1
- Location
- Mountainside, NJ
- Latest filing year
- 2023
- Participants
- 2,916
- End-of-year plan assets
- $75,365,835
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,916 | H, C | 20241015122008NAL0016365731001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $75,365,835
- Total liabilities (EOY)
- $192,762
- Net assets (EOY)
- $75,173,073
- Net assets (BOY)
- $60,426,268
Income & contributions
- Employer contributions
- $8,853,964
- Total contributions
- $8,853,964
- Total income / additions
- $21,760,978
Expenses & distributions
- Benefits paid
- $6,334,104
- Administrative expenses
- $680,069
- Total expenses
- $7,014,173
- Net increase / (decrease)
- $14,746,805
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Janney Montgomery Scott LLC | INVESTMENT ADVISER | $259,533 | not reported in the loaded dataset | 2023 |
| Statewide Health Data System | ADMIN SERVICES PROVIDER | $99,606 | not reported in the loaded dataset | 2023 |
| Bederson Llp | AUDITOR | $70,240 | not reported in the loaded dataset | 2023 |
| Comerica | INVESTMENT ADVISER | $23,290 | not reported in the loaded dataset | 2023 |
| Kenneth Nowak | CONSULTANT | $18,000 | not reported in the loaded dataset | 2023 |
| Usi Consulting Group | RECORDKEEPER | $15,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Board Of Trustees, Ibt Local 863
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Mountainside, NJ
- Janney Montgomery Scott LLC — Schedule C compensation
- Statewide Health Data System — Schedule C compensation
- Bederson Llp — Schedule C compensation
- Comerica — Schedule C compensation
- Kenneth Nowak — Schedule C compensation
- Usi Consulting Group — Schedule C compensation