Iron Workers Local 498 Defined Benefit Plan — Form 5500 plan (Trustees Of The Iron Workers Local 498 Defined Benefit 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, Iron Workers Local 498 Defined Benefit Plan is a benefit plan reported by Trustees Of The Iron Workers Local 498 Defined Benefit Plan under EIN 36-3119818 and plan number 003. The latest loaded filing year is 2023. The filing reports 509 participants and $30,384,605 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Trustees Of The Iron Workers Local 498 Defined Benefit Plan
EIN
36-3119818
Plan number
003
Plan type
1
Location
Oak Brook, IL
Latest filing year
2023
Participants
509
End-of-year plan assets
$30,384,605

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023509H, C20241001104408NAL0006621681002

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$30,384,605
Total liabilities (EOY)
$122,292
Net assets (EOY)
$30,262,313
Net assets (BOY)
$27,676,467

Income & contributions

Employer contributions
$3,974,246
Total contributions
$3,974,246
Total income / additions
$7,156,597

Expenses & distributions

Benefits paid
$4,243,219
Administrative expenses
$327,532
Total expenses
$4,570,751
Net increase / (decrease)
$2,585,846

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Zenith American SolutionsNONE$56,264not reported in the loaded dataset2023
Benefit Management Group, IncNONE$37,500not reported in the loaded dataset2023
Calibre Cpa Group, PllcNONE$28,232not reported in the loaded dataset2023
American Realty AdvisorsNONE$27,913not reported in the loaded dataset2023
Segal Marco AdvisorsNONE$25,000not reported in the loaded dataset2023
Marco, Mcguire & ArreolaNONE$24,510not reported in the loaded dataset2023
Ted Windsor & AssociatesNONE$24,250not reported in the loaded dataset2023
Comerica BankNONE$19,039$02023
Legacy ProfessionalsNONE$18,720not reported in the loaded dataset2023
Northern Trust CompanyNONE$3,441$02023

Related Form 5500 pages