Ibew Local 573 Pension Plan — Form 5500 plan (Trustees Of Ibew Local No. 573 Pension 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 573 Pension Plan is a benefit plan reported by Trustees Of Ibew Local No. 573 Pension Plan under EIN 34-6570323 and plan number 001. The latest loaded filing year is 2023. The filing reports 524 participants and $55,903,676 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Trustees Of Ibew Local No. 573 Pension Plan
- EIN
- 34-6570323
- Plan number
- 001
- Plan type
- 1
- Location
- Canfield, OH
- Latest filing year
- 2023
- Participants
- 524
- End-of-year plan assets
- $55,903,676
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 524 | H, C | 20241011123008NAL0012483923003 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $55,903,676
- Total liabilities (EOY)
- $63,530
- Net assets (EOY)
- $55,840,146
- Net assets (BOY)
- $50,539,356
Income & contributions
- Employer contributions
- $3,600,924
- Total contributions
- $3,600,924
- Total income / additions
- $9,582,734
Expenses & distributions
- Benefits paid
- $3,974,708
- Administrative expenses
- $307,236
- Total expenses
- $4,281,944
- Net increase / (decrease)
- $5,300,790
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Segal Marco Advisors | INVESTMENT CONSULTANT | $102,575 | not reported in the loaded dataset | 2023 |
| Cowden Associates, Inc. | ACTUARY | $41,570 | not reported in the loaded dataset | 2023 |
| National Real Estate Advisors | INVESTMENT CUSTODIAN | $32,824 | not reported in the loaded dataset | 2023 |
| Benesys | THIRD PARTY ADMINISTRATOR | $30,569 | not reported in the loaded dataset | 2023 |
| Yurchyk & Davis Cpa'S Inc | AUDITOR | $21,312 | not reported in the loaded dataset | 2023 |
| Pbgc Premium | NONE | $18,340 | not reported in the loaded dataset | 2023 |
| New Tower Trust Company | INVESTMENT MANAGER | $13,291 | $0 | 2023 |
| Macala & Piatt, LLC | ATTORNEY | $11,089 | not reported in the loaded dataset | 2023 |
| Pnc Bank | BANK SERVICE CHARGES | $7,793 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Trustees Of Ibew Local No. 573 Pension Plan
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Canfield, OH
- Segal Marco Advisors — Schedule C compensation
- Cowden Associates, Inc. — Schedule C compensation
- National Real Estate Advisors — Schedule C compensation
- Benesys — Schedule C compensation
- Yurchyk & Davis Cpa'S Inc — Schedule C compensation
- Pbgc Premium — Schedule C compensation
- New Tower Trust Company — Schedule C compensation
- Macala & Piatt, LLC — Schedule C compensation
- Pnc Bank — Schedule C compensation