I.B.E.W. Local No. 704 401(K) Plan — Form 5500 plan (Board Of Trustees Ibew Local 704 Retirement Income 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, I.B.E.W. Local No. 704 401(K) Plan is a benefit plan reported by Board Of Trustees Ibew Local 704 Retirement Income Plan under EIN 42-0328998 and plan number 002. The latest loaded filing year is 2023. The filing reports 221 participants and $43,622,582 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Board Of Trustees Ibew Local 704 Retirement Income Plan
- EIN
- 42-0328998
- Plan number
- 002
- Plan type
- 1
- Location
- Moline, IL
- Latest filing year
- 2023
- Participants
- 221
- End-of-year plan assets
- $43,622,582
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 221 | H, C | 20240926091635NAL0000416593003 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $43,622,582
- Total liabilities (EOY)
- $19,169
- Net assets (EOY)
- $43,603,413
- Net assets (BOY)
- $40,157,439
Income & contributions
- Employer contributions
- $1,984,896
- Participant contributions
- $165,093
- Total contributions
- $2,149,989
- Total income / additions
- $7,749,053
Expenses & distributions
- Benefits paid
- $4,181,590
- Administrative expenses
- $121,489
- Total expenses
- $4,303,079
- Net increase / (decrease)
- $3,445,974
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Matrix Trust Company | NONE | $44,866 | $0 | 2023 |
| Schuchat, Cook, & Werner | NONE | $20,870 | not reported in the loaded dataset | 2023 |
| Investment Consulting Group, Inc. | NONE | $17,000 | not reported in the loaded dataset | 2023 |
| Rj Lee & Associates L.C. | NONE | $12,942 | not reported in the loaded dataset | 2023 |
| Calibre Cpa Group, Pllc | NONE | $12,500 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Board Of Trustees Ibew Local 704 Retirement Income Plan
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Moline, IL
- Matrix Trust Company — Schedule C compensation
- Schuchat, Cook, & Werner — Schedule C compensation
- Investment Consulting Group, Inc. — Schedule C compensation
- Rj Lee & Associates L.C. — Schedule C compensation
- Calibre Cpa Group, Pllc — Schedule C compensation