Operating Engineers' Local 324 Retiree Benefit Fund — Form 5500 plan (Joint Board Of Trustees Operating Engineers' Local 324 Retiree Ben Fd)
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, Operating Engineers' Local 324 Retiree Benefit Fund is a benefit plan reported by Joint Board Of Trustees Operating Engineers' Local 324 Retiree Ben Fd under EIN 38-2342972 and plan number 501. The latest loaded filing year is 2023. The filing reports 10,508 participants and $3,136,355 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Joint Board Of Trustees Operating Engineers' Local 324 Retiree Ben Fd
- EIN
- 38-2342972
- Plan number
- 501
- Plan type
- 1
- Location
- Bloomfield Twp, MI
- Latest filing year
- 2023
- Participants
- 10,508
- End-of-year plan assets
- $3,136,355
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 10,508 | H, C | 20241010120637NAL0039952978001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,136,355
- Total liabilities (EOY)
- $9,169
- Net assets (EOY)
- $3,127,186
- Net assets (BOY)
- $2,875,713
Income & contributions
- Employer contributions
- $4,781,845
- Total contributions
- $4,781,845
- Total income / additions
- $4,850,732
Expenses & distributions
- Benefits paid
- $4,524,230
- Administrative expenses
- $75,029
- Total expenses
- $4,599,259
- Net increase / (decrease)
- $251,473
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Solxsys Administrative Solutions | NONE KNOWN | $41,182 | not reported in the loaded dataset | 2023 |
| Plante & Moran, Pllc | NONE KNOWN | $13,850 | not reported in the loaded dataset | 2023 |
| American Graphics Printing Co. | NONE KNOWN | $9,880 | not reported in the loaded dataset | 2023 |
| Jpmorgan Chase Bank, N.A. | NONE KNOWN | $2 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Joint Board Of Trustees Operating Engineers' Local 324 Retiree Ben Fd
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Bloomfield Twp, MI
- Solxsys Administrative Solutions — Schedule C compensation
- Plante & Moran, Pllc — Schedule C compensation
- American Graphics Printing Co. — Schedule C compensation
- Jpmorgan Chase Bank, N.A. — Schedule C compensation