International Brotherhood Of Electrical Workers Local Union 305 Pension Plan — Form 5500 plan (Ibew Local Union 305 Pension Plan Board Of 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, International Brotherhood Of Electrical Workers Local Union 305 Pension Plan is a benefit plan reported by Ibew Local Union 305 Pension Plan Board Of Trustees under EIN 35-0415460 and plan number 001. The latest loaded filing year is 2023. The filing reports 843 participants and $89,684,532 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ibew Local Union 305 Pension Plan Board Of Trustees
- EIN
- 35-0415460
- Plan number
- 001
- Plan type
- 1
- Location
- Fort Wayne, IN
- Latest filing year
- 2023
- Participants
- 843
- End-of-year plan assets
- $89,684,532
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 843 | H, C | 20250313102609NAL0020608257001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $89,684,532
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $89,684,532
- Net assets (BOY)
- $76,343,600
Income & contributions
- Employer contributions
- $4,310,785
- Total contributions
- $4,310,834
- Total income / additions
- $19,116,688
Expenses & distributions
- Benefits paid
- $5,537,578
- Administrative expenses
- $238,178
- Total expenses
- $5,775,756
- Net increase / (decrease)
- $13,340,932
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Co. Of Am | NONE | $85,197 | $0 | 2023 |
| Allotta, Farley Co., L.P.A. | NONE | $39,927 | not reported in the loaded dataset | 2023 |
| Segal Select Insurance Co. | NONE | $30,738 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | NONE | $27,400 | not reported in the loaded dataset | 2023 |
| I.B.E.W. Local 305 | NONE | $23,157 | not reported in the loaded dataset | 2023 |
| Clark, Schaefer, Hackett & Co. | NONE | $20,900 | not reported in the loaded dataset | 2023 |
| Onedigital Investment Adivsors LLC | NONE | $16,124 | not reported in the loaded dataset | 2023 |
| Julie Carpenter | NONE | $5,400 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ibew Local Union 305 Pension Plan Board Of Trustees
- 2023 Form 5500 filing
- Form 5500 filings in IN
- 401(k) and benefit plan filings in Fort Wayne, IN
- Empower Annuity Insurance Co. Of Am — Schedule C compensation
- Allotta, Farley Co., L.P.A. — Schedule C compensation
- Segal Select Insurance Co. — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- I.B.E.W. Local 305 — Schedule C compensation
- Clark, Schaefer, Hackett & Co. — Schedule C compensation
- Onedigital Investment Adivsors LLC — Schedule C compensation
- Julie Carpenter — Schedule C compensation