Ibew Local 351 Surety Plan — Form 5500 plan (Ibew Local 351 Surety Fund Trustees)
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, Ibew Local 351 Surety Plan is a benefit plan reported by Ibew Local 351 Surety Fund Trustees under EIN 22-3431479 and plan number 002. The latest loaded filing year is 2023. The filing reports 2,567 participants and $601,909,862 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ibew Local 351 Surety Fund Trustees
- EIN
- 22-3431479
- Plan number
- 002
- Plan type
- 1
- Location
- West Trenton, NJ
- Latest filing year
- 2023
- Participants
- 2,567
- End-of-year plan assets
- $601,909,862
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,567 | H, C | 20241011111938NAL0010857635002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $601,909,862
- Total liabilities (EOY)
- $583,980
- Net assets (EOY)
- $601,325,882
- Net assets (BOY)
- $519,409,871
Income & contributions
- Employer contributions
- $33,338,086
- Total contributions
- $33,338,086
- Total income / additions
- $118,623,675
Expenses & distributions
- Benefits paid
- $36,153,311
- Administrative expenses
- $554,353
- Total expenses
- $36,707,664
- Net increase / (decrease)
- $81,916,011
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ibew Local 351 Surety Fund | TAFTHARTLEY PLAN- PAYMENT | $715,571 | not reported in the loaded dataset | 2023 |
| I.E.Shaffer & Co. | NONE | $386,669 | not reported in the loaded dataset | 2023 |
| Gerson & Assoc Cpas And Advisors Pc | NONE | $37,000 | not reported in the loaded dataset | 2023 |
| Morgan Stanley Smith Barney LLC | NONE | $30,000 | $0 | 2023 |
| Bank Of New York Mellon | NONE | $24,000 | not reported in the loaded dataset | 2023 |
| O'Brien Belland & Bushinsky | NONE | $22,256 | not reported in the loaded dataset | 2023 |
| Mspc Certified Public Accountants | NONE | $12,806 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ibew Local 351 Surety Fund Trustees
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in West Trenton, NJ
- Ibew Local 351 Surety Fund — Schedule C compensation
- I.E.Shaffer & Co. — Schedule C compensation
- Gerson & Assoc Cpas And Advisors Pc — Schedule C compensation
- Morgan Stanley Smith Barney LLC — Schedule C compensation
- Bank Of New York Mellon — Schedule C compensation
- O'Brien Belland & Bushinsky — Schedule C compensation
- Mspc Certified Public Accountants — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation