International Brotherhood Of Electrical Workers Ibew 98 Sound & Communication Workers Health & Welfare Fund — Form 5500 plan (Ibew Local # 98 Sound And Communication Workers Health And Welfare Pla)
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, International Brotherhood Of Electrical Workers Ibew 98 Sound & Communication Workers Health & Welfare Fund is a benefit plan reported by Ibew Local # 98 Sound And Communication Workers Health And Welfare Pla under EIN 23-2959495 and plan number 501. The latest loaded filing year is 2023. The filing reports 514 participants and $36,991,650 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ibew Local # 98 Sound And Communication Workers Health And Welfare Pla
- EIN
- 23-2959495
- Plan number
- 501
- Plan type
- 1
- Location
- Philadelphia, PA
- Latest filing year
- 2023
- Participants
- 514
- End-of-year plan assets
- $36,991,650
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 514 | H, C | 20241014191632NAL0047253232002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $36,991,650
- Total liabilities (EOY)
- $268,680
- Net assets (EOY)
- $36,722,970
- Net assets (BOY)
- $34,522,920
Income & contributions
- Employer contributions
- $11,075,596
- Participant contributions
- $15,322
- Total contributions
- $11,090,918
- Total income / additions
- $13,486,770
Expenses & distributions
- Benefits paid
- $10,951,662
- Administrative expenses
- $335,058
- Total expenses
- $11,286,720
- Net increase / (decrease)
- $2,200,050
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Frank M. Vaccaro & Associates | NONE | $134,451 | not reported in the loaded dataset | 2023 |
| Boyd Watterson Asset Management | NONE | $31,142 | not reported in the loaded dataset | 2023 |
| Novak Francella LLC | NONE | $24,031 | not reported in the loaded dataset | 2023 |
| Cheiron Inc. | NONE | $18,847 | not reported in the loaded dataset | 2023 |
| Futurescripts | NONE | $15,072 | not reported in the loaded dataset | 2023 |
| Newtower Trust Company | NONE | $14,971 | $0 | 2023 |
| Marco Consulting Group | NONE | $12,000 | not reported in the loaded dataset | 2023 |
| Cleary & Josem Llp | NONE | $11,168 | not reported in the loaded dataset | 2023 |
| Loomis Sayles Trust Company | NONE | $10,753 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ibew Local # 98 Sound And Communication Workers Health And Welfare Pla
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Philadelphia, PA
- Frank M. Vaccaro & Associates — Schedule C compensation
- Boyd Watterson Asset Management — Schedule C compensation
- Novak Francella LLC — Schedule C compensation
- Cheiron Inc. — Schedule C compensation
- Futurescripts — Schedule C compensation
- Newtower Trust Company — Schedule C compensation
- Marco Consulting Group — Schedule C compensation
- Cleary & Josem Llp — Schedule C compensation
- Loomis Sayles Trust Company — Schedule C compensation