Local 697 I.B.E.W. And Electrical Industry Pension Plan — Form 5500 plan (Trustees Of Local 697 I.B.E.W. & Elect Industry Pension 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, Local 697 I.B.E.W. And Electrical Industry Pension Plan is a benefit plan reported by Trustees Of Local 697 I.B.E.W. & Elect Industry Pension Fund under EIN 51-6133048 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,728 participants and $227,998,379 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Trustees Of Local 697 I.B.E.W. & Elect Industry Pension Fund
- EIN
- 51-6133048
- Plan number
- 001
- Plan type
- 1
- Location
- Merrillville, IN
- Latest filing year
- 2023
- Participants
- 1,728
- End-of-year plan assets
- $227,998,379
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,728 | H, C | 20241009131206NAL0018349121001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $227,998,379
- Total liabilities (EOY)
- $220,819
- Net assets (EOY)
- $227,777,560
- Net assets (BOY)
- $208,851,529
Income & contributions
- Employer contributions
- $13,190,294
- Total contributions
- $13,190,294
- Total income / additions
- $37,437,799
Expenses & distributions
- Benefits paid
- $17,354,767
- Administrative expenses
- $1,157,001
- Total expenses
- $18,511,768
- Net increase / (decrease)
- $18,926,031
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Marquette Associates | NONE | $104,000 | not reported in the loaded dataset | 2023 |
| Mk Cole | EMPLOYEE | $93,225 | not reported in the loaded dataset | 2023 |
| P Keenan | ADMINISTRATOR | $65,998 | not reported in the loaded dataset | 2023 |
| Legacy Professionals Llp | NONE | $54,620 | not reported in the loaded dataset | 2023 |
| O'Sullivan Associates | NONE | $44,288 | not reported in the loaded dataset | 2023 |
| Intac 697 Owners' Assoc Inc | NONE | $25,982 | not reported in the loaded dataset | 2023 |
| Hagberg & Associates, Pc | NONE | $20,619 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Trustees Of Local 697 I.B.E.W. & Elect Industry Pension Fund
- 2023 Form 5500 filing
- Form 5500 filings in IN
- 401(k) and benefit plan filings in Merrillville, IN
- Marquette Associates — Schedule C compensation
- Mk Cole — Schedule C compensation
- P Keenan — Schedule C compensation
- Legacy Professionals Llp — Schedule C compensation
- O'Sullivan Associates — Schedule C compensation
- Intac 697 Owners' Assoc Inc — Schedule C compensation
- Hagberg & Associates, Pc — Schedule C compensation