Shopmen Local Union 502 Pension Plan — Form 5500 plan (Shopmen Iron Workers Local 502 Board Of Trustees Pension Fund)
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, Shopmen Local Union 502 Pension Plan is a benefit plan reported by Shopmen Iron Workers Local 502 Board Of Trustees Pension Fund under EIN 23-6529457 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,204 participants and $72,931,263 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Shopmen Iron Workers Local 502 Board Of Trustees Pension Fund
- EIN
- 23-6529457
- Plan number
- 001
- Plan type
- 1
- Location
- Limerick, PA
- Latest filing year
- 2023
- Participants
- 1,204
- End-of-year plan assets
- $72,931,263
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,204 | H, C | 20241011124215NAL0021875921001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $72,931,263
- Total liabilities (EOY)
- $46,000
- Net assets (EOY)
- $72,885,263
- Net assets (BOY)
- $67,411,136
Income & contributions
- Employer contributions
- $2,116,580
- Total contributions
- $2,116,580
- Total income / additions
- $12,426,012
Expenses & distributions
- Benefits paid
- $6,465,863
- Administrative expenses
- $486,022
- Total expenses
- $6,951,885
- Net increase / (decrease)
- $5,474,127
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Vanguard Group | NONE | $165,253 | $0 | 2023 |
| The Segal Company | NONE | $64,200 | not reported in the loaded dataset | 2023 |
| Doreen Friel | EMPLOYEE | $28,817 | not reported in the loaded dataset | 2023 |
| Bridgeway Benefit Technologies | NONE | $25,987 | not reported in the loaded dataset | 2023 |
| Pnc Bank N.A. | NONE | $24,722 | not reported in the loaded dataset | 2023 |
| Brown & Connery | NONE | $19,799 | not reported in the loaded dataset | 2023 |
| Fischer Dorwart, P.C. | NONE | $17,500 | not reported in the loaded dataset | 2023 |
| Idr Investment Management | NONE | $7,340 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Shopmen Iron Workers Local 502 Board Of Trustees Pension Fund
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Limerick, PA
- The Vanguard Group — Schedule C compensation
- The Segal Company — Schedule C compensation
- Doreen Friel — Schedule C compensation
- Bridgeway Benefit Technologies — Schedule C compensation
- Pnc Bank N.A. — Schedule C compensation
- Brown & Connery — Schedule C compensation
- Fischer Dorwart, P.C. — Schedule C compensation
- Idr Investment Management — Schedule C compensation