Ibew Local Union No. 126 Retirement Plan — Form 5500 plan (Trustees Of Ibew Local Union No.126 Retirement 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, Ibew Local Union No. 126 Retirement Plan is a benefit plan reported by Trustees Of Ibew Local Union No.126 Retirement Plan under EIN 23-2156093 and plan number 001. The latest loaded filing year is 2023. The filing reports 6,319 participants and $876,601,273 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Trustees Of Ibew Local Union No.126 Retirement Plan
- EIN
- 23-2156093
- Plan number
- 001
- Plan type
- 1
- Location
- Collegeville, PA
- Latest filing year
- 2023
- Participants
- 6,319
- End-of-year plan assets
- $876,601,273
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 6,319 | H, C | 20250220164832NAL0005298945001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $876,601,273
- Total liabilities (EOY)
- $2,037,711
- Net assets (EOY)
- $874,563,562
- Net assets (BOY)
- $728,286,164
Income & contributions
- Employer contributions
- $76,326,681
- Participant contributions
- $1,831,789
- Total contributions
- $78,158,470
- Total income / additions
- $186,652,430
Expenses & distributions
- Benefits paid
- $39,323,160
- Administrative expenses
- $1,051,872
- Total expenses
- $40,375,032
- Net increase / (decrease)
- $146,277,398
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Retirement Solutions | NONE | $710,201 | $0 | 2023 |
| Ibew Local Union No. 126 | RELATED PARTY | $192,059 | not reported in the loaded dataset | 2023 |
| Novak Francella, LLC | NONE | $36,856 | not reported in the loaded dataset | 2023 |
| Fox Rothschild, Llp | NONE | $29,688 | not reported in the loaded dataset | 2023 |
| Morgan Stanley Graystone | NONE | $20,000 | not reported in the loaded dataset | 2023 |
| Bridgeway Benefit Technologies | NONE | $12,346 | not reported in the loaded dataset | 2023 |
| Cleary , Josem & Trigiani Llp | NONE | $10,660 | not reported in the loaded dataset | 2023 |
| National Financial Services | NONE | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Trustees Of Ibew Local Union No.126 Retirement Plan
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Collegeville, PA
- Transamerica Retirement Solutions — Schedule C compensation
- Ibew Local Union No. 126 — Schedule C compensation
- Novak Francella, LLC — Schedule C compensation
- Fox Rothschild, Llp — Schedule C compensation
- Morgan Stanley Graystone — Schedule C compensation
- Bridgeway Benefit Technologies — Schedule C compensation
- Cleary , Josem & Trigiani Llp — Schedule C compensation
- National Financial Services — Schedule C compensation