Electricians Annuity Plan - Ibew Local 456 — Form 5500 plan (Electricians Annuity Fund Ibew Local 456)
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, Electricians Annuity Plan - Ibew Local 456 is a benefit plan reported by Electricians Annuity Fund Ibew Local 456 under EIN 22-2180156 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,960 participants and $328,422,989 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Electricians Annuity Fund Ibew Local 456
- EIN
- 22-2180156
- Plan number
- 001
- Plan type
- 1
- Location
- West Trenton, NJ
- Latest filing year
- 2023
- Participants
- 1,960
- End-of-year plan assets
- $328,422,989
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,960 | H, C | 20241012181458NAL0042172160002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $328,422,989
- Total liabilities (EOY)
- $2,046,329
- Net assets (EOY)
- $326,376,660
- Net assets (BOY)
- $295,354,001
Income & contributions
- Employer contributions
- $14,927,934
- Total contributions
- $14,927,934
- Total income / additions
- $52,999,178
Expenses & distributions
- Benefits paid
- $21,493,699
- Administrative expenses
- $482,820
- Total expenses
- $21,976,519
- Net increase / (decrease)
- $31,022,659
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ibew Local 456 Annuity Fund | NONE | $562,629 | not reported in the loaded dataset | 2023 |
| I.E. Shaffer & Co. | NONE | $259,908 | not reported in the loaded dataset | 2023 |
| Priac | NONE | $75,999 | not reported in the loaded dataset | 2023 |
| Mspc Certified Public Accountants | NONE | $38,266 | not reported in the loaded dataset | 2023 |
| Ubs Financial Services | NONE | $25,000 | not reported in the loaded dataset | 2023 |
| Kroll Heineman | NONE | $22,846 | not reported in the loaded dataset | 2023 |
| New Brunswick Electricians Club | NONE | $17,740 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Electricians Annuity Fund Ibew Local 456
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in West Trenton, NJ
- Ibew Local 456 Annuity Fund — Schedule C compensation
- I.E. Shaffer & Co. — Schedule C compensation
- Priac — Schedule C compensation
- Mspc Certified Public Accountants — Schedule C compensation
- Ubs Financial Services — Schedule C compensation
- Kroll Heineman — Schedule C compensation
- New Brunswick Electricians Club — Schedule C compensation