I.B.E.W. Local Union # 654 Defined Contribution Plan — Form 5500 plan (Ibew Lu # 654 Pension 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, I.B.E.W. Local Union # 654 Defined Contribution Plan is a benefit plan reported by Ibew Lu # 654 Pension Fund Trustees under EIN 23-6538183 and plan number 002. The latest loaded filing year is 2023. The filing reports 630 participants and $138,626,403 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ibew Lu # 654 Pension Fund Trustees
- EIN
- 23-6538183
- Plan number
- 002
- Plan type
- 1
- Location
- Mount Laurel, NJ
- Latest filing year
- 2023
- Participants
- 630
- End-of-year plan assets
- $138,626,403
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 630 | H, C | 20240820112329NAL0001425139002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $138,626,403
- Total liabilities (EOY)
- $45,245
- Net assets (EOY)
- $138,581,158
- Net assets (BOY)
- $117,052,605
Income & contributions
- Employer contributions
- $8,465,000
- Total contributions
- $8,465,000
- Total income / additions
- $26,084,560
Expenses & distributions
- Benefits paid
- $4,285,429
- Administrative expenses
- $270,578
- Total expenses
- $4,556,007
- Net increase / (decrease)
- $21,528,553
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Prudential Retirement Insurance And | NONE | $159,384 | $0 | 2023 |
| Frank M Vaccaro & Associates | NONE | $37,516 | not reported in the loaded dataset | 2023 |
| Graystone Consulting | NONE | $26,000 | not reported in the loaded dataset | 2023 |
| Novak Francella LLC | NONE | $21,174 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ibew Lu # 654 Pension Fund Trustees
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Mount Laurel, NJ
- Prudential Retirement Insurance And — Schedule C compensation
- Frank M Vaccaro & Associates — Schedule C compensation
- Graystone Consulting — Schedule C compensation
- Novak Francella LLC — Schedule C compensation