International Brotherhood Of Electrical Workers Local Unions Savings & Security Plan — Form 5500 plan (Board Of Directors Of The Ibew Locals' Saving & Retirement Group Trust)
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 Local Unions Savings & Security Plan is a benefit plan reported by Board Of Directors Of The Ibew Locals' Saving & Retirement Group Trust under EIN 27-1722149 and plan number 023. The latest loaded filing year is 2023. The filing reports 2,859 participants and $697,855,882 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Board Of Directors Of The Ibew Locals' Saving & Retirement Group Trust
- EIN
- 27-1722149
- Plan number
- 023
- Plan type
- 1
- Location
- Irvington, NY
- Latest filing year
- 2023
- Participants
- 2,859
- End-of-year plan assets
- $697,855,882
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,859 | H, C | 20241014110843NAL0013181635001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $697,855,882
- Total liabilities (EOY)
- $761,662
- Net assets (EOY)
- $697,094,220
- Net assets (BOY)
- $674,800,598
Income & contributions
- Employer contributions
- $1,497,553
- Participant contributions
- $1,671,612
- Total contributions
- $24,104,611
- Total income / additions
- $110,045,363
Expenses & distributions
- Benefits paid
- $84,615,397
- Administrative expenses
- $3,133,050
- Total expenses
- $87,751,741
- Net increase / (decrease)
- $22,293,622
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Planmember Securities Corp. | INVESTMENT ADVISORY TO T | $1,723,750 | not reported in the loaded dataset | 2023 |
| Planmember Securities Corporation | INVESTMENT ADVISORY | $707,000 | not reported in the loaded dataset | 2023 |
| Newport Trust Company | RECORDKEEPER/CUSTODIAN | $251,087 | not reported in the loaded dataset | 2023 |
| Planmember Financial Services | CONTRACT ADMINISTRATOR | $250,000 | not reported in the loaded dataset | 2023 |
| Insight Investments Management | INVESTMENT MGT | $185,142 | not reported in the loaded dataset | 2023 |
| Usi Insurance Services LLC | INSURANCE | $94,326 | not reported in the loaded dataset | 2023 |
| Institutional Investment Consulting | INVESTMENT ADVISORY TO T | $80,000 | not reported in the loaded dataset | 2023 |
| Cliftonlarsonallen Llp | ACCOUNTING/AUDIT | $39,656 | not reported in the loaded dataset | 2023 |
| Mcgann Shea Carnival Straughn &Lamb | LEGAL | $29,563 | not reported in the loaded dataset | 2023 |
| Milliman | RECORDKEEPING/LOAN PROCE | $21,728 | not reported in the loaded dataset | 2023 |
| Shumaker, Loop & Kendrick, Llp | LEGAL | $20,515 | not reported in the loaded dataset | 2023 |
| Official Offset Corp. | PRINTING | $11,211 | not reported in the loaded dataset | 2023 |
| Management Guidance Llp | EMPLOYER TRUSTEE | $10,850 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Board Of Directors Of The Ibew Locals' Saving & Retirement Group Trust
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Irvington, NY
- Planmember Securities Corp. — Schedule C compensation
- Planmember Securities Corporation — Schedule C compensation
- Newport Trust Company — Schedule C compensation
- Planmember Financial Services — Schedule C compensation
- Insight Investments Management — Schedule C compensation
- Usi Insurance Services LLC — Schedule C compensation
- Institutional Investment Consulting — Schedule C compensation
- Cliftonlarsonallen Llp — Schedule C compensation
- Mcgann Shea Carnival Straughn &Lamb — Schedule C compensation
- Milliman — Schedule C compensation
- Shumaker, Loop & Kendrick, Llp — Schedule C compensation
- Official Offset Corp. — Schedule C compensation
- Management Guidance Llp — Schedule C compensation