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, Local 649, Ibew Supplemental Unemployment Benefit Welfare Fund is a benefit plan reported by Trustees Of Local 649, Ibew Supplemental Unemployment Benefit Welfare under EIN 43-1827623 and plan number 501. The latest loaded filing year is 2023. The filing reports 562 participants and $8,877,659 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,877,659
- Total liabilities (EOY)
- $15,572
- Net assets (EOY)
- $8,862,087
- Net assets (BOY)
- $7,785,614
Income & contributions
- Employer contributions
- $317,373
- Total contributions
- $317,373
- Total income / additions
- $1,330,542
Expenses & distributions
- Benefits paid
- $191,063
- Administrative expenses
- $63,006
- Total expenses
- $254,069
- Net increase / (decrease)
- $1,076,473