Ibew Local Union No 351 Welfare And Supplemental Fund — Form 5500 plan (Ibew Local Union No 351 Welfare And Supplemental Fund)
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, Ibew Local Union No 351 Welfare And Supplemental Fund is a benefit plan reported by Ibew Local Union No 351 Welfare And Supplemental Fund under EIN 45-4955344 and plan number 501. The latest loaded filing year is 2023. The filing reports 2,438 participants and $19,159,807 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ibew Local Union No 351 Welfare And Supplemental Fund
- EIN
- 45-4955344
- Plan number
- 501
- Plan type
- 1
- Location
- West Trenton, NJ
- Latest filing year
- 2023
- Participants
- 2,438
- End-of-year plan assets
- $19,159,807
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,438 | H, C | 20241011120008NAL0036854320002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $19,159,807
- Total liabilities (EOY)
- $1,553,249
- Net assets (EOY)
- $17,606,558
- Net assets (BOY)
- $17,312,381
Income & contributions
- Employer contributions
- $11,867,283
- Participant contributions
- $2,377,200
- Total contributions
- $14,244,483
- Total income / additions
- $14,925,858
Expenses & distributions
- Benefits paid
- $14,275,335
- Administrative expenses
- $356,346
- Total expenses
- $14,631,681
- Net increase / (decrease)
- $294,177
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| I.E. Shaffer & Co | NONE | $262,902 | not reported in the loaded dataset | 2023 |
| Gerson & Assoc. Cpas And Advisors, | NONE | $25,000 | not reported in the loaded dataset | 2023 |
| Morgan Stanley | NONE | $14,027 | $0 | 2023 |
| O'Brien Belland & Bushinsky | NONE | $5,953 | not reported in the loaded dataset | 2023 |
| Summit Actuarial | NONE | $5,463 | not reported in the loaded dataset | 2023 |
| Prudential Retirement Insurance And | NONE | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ibew Local Union No 351 Welfare And Supplemental Fund
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in West Trenton, NJ
- I.E. Shaffer & Co — Schedule C compensation
- Gerson & Assoc. Cpas And Advisors, — Schedule C compensation
- Morgan Stanley — Schedule C compensation
- O'Brien Belland & Bushinsky — Schedule C compensation
- Summit Actuarial — Schedule C compensation
- Prudential Retirement Insurance And — Schedule C compensation