Teamsters Local Union No. 716 Pension Plan — Form 5500 plan (Jt Board Of Trustees Teamsters)
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, Teamsters Local Union No. 716 Pension Plan is a benefit plan reported by Jt Board Of Trustees Teamsters under EIN 51-0175810 and plan number 002. The latest loaded filing year is 2023. The filing reports 2,262 participants and $101,451,836 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Jt Board Of Trustees Teamsters
- EIN
- 51-0175810
- Plan number
- 002
- Plan type
- 1
- Location
- Indianapolis, IN
- Latest filing year
- 2023
- Participants
- 2,262
- End-of-year plan assets
- $101,451,836
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,262 | H, C | 20250113145304NAL0029570016003 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $101,451,836
- Total liabilities (EOY)
- $37,906
- Net assets (EOY)
- $101,413,930
- Net assets (BOY)
- $91,285,980
Income & contributions
- Employer contributions
- $5,308,500
- Total contributions
- $5,308,500
- Total income / additions
- $18,496,938
Expenses & distributions
- Benefits paid
- $7,643,242
- Administrative expenses
- $725,746
- Total expenses
- $8,368,988
- Net increase / (decrease)
- $10,127,950
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Charles Schwab Trust Bank | CUSTODIAN | $438,304 | not reported in the loaded dataset | 2023 |
| United Actuarial | ACTUARY | $48,722 | not reported in the loaded dataset | 2023 |
| Paramount Consulting | PLAN ADMINISTRATOR | $36,532 | not reported in the loaded dataset | 2023 |
| Pile Cpas | AUDITOR | $23,100 | not reported in the loaded dataset | 2023 |
| Bridgeway Benefit Technologies | NONE | $15,280 | not reported in the loaded dataset | 2023 |
| Health Benefits Fund | NONE | $9,149 | not reported in the loaded dataset | 2023 |
| International Foundation Of Employe | NONE | $7,590 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Jt Board Of Trustees Teamsters
- 2023 Form 5500 filing
- Form 5500 filings in IN
- 401(k) and benefit plan filings in Indianapolis, IN
- Charles Schwab Trust Bank — Schedule C compensation
- United Actuarial — Schedule C compensation
- Paramount Consulting — Schedule C compensation
- Pile Cpas — Schedule C compensation
- Bridgeway Benefit Technologies — Schedule C compensation
- Health Benefits Fund — Schedule C compensation
- International Foundation Of Employe — Schedule C compensation