Neca-Ibew Local Union 1701 Pension Benefit Trust Fund — Form 5500 plan (Joint Board Of Trustees Of Neca Ibew Local 1701 Pen. Ben. Trst Fun)

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, Neca-Ibew Local Union 1701 Pension Benefit Trust Fund is a benefit plan reported by Joint Board Of Trustees Of Neca Ibew Local 1701 Pen. Ben. Trst Fun under EIN 61-0459923 and plan number 001. The latest loaded filing year is 2023. The filing reports 430 participants and $64,089,876 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Joint Board Of Trustees Of Neca Ibew Local 1701 Pen. Ben. Trst Fun
EIN
61-0459923
Plan number
001
Plan type
1
Location
Lansing, MI
Latest filing year
2023
Participants
430
End-of-year plan assets
$64,089,876

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023430H, C20241013144506NAL0012461635002

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$64,089,876
Total liabilities (EOY)
$108,252
Net assets (EOY)
$63,981,624
Net assets (BOY)
$53,469,330

Income & contributions

Employer contributions
$3,161,286
Total contributions
$3,161,286
Total income / additions
$13,089,294

Expenses & distributions

Benefits paid
$2,378,593
Administrative expenses
$198,407
Total expenses
$2,577,000
Net increase / (decrease)
$10,512,294

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$74,626$02023
Tic International GroupCONTRACT ADMINISTRATOR$32,000not reported in the loaded dataset2023
Old National Wealth ManagementINVESTMENT CONSULTANT$27,000not reported in the loaded dataset2023
Ledbetter Partners LLCATTORNEY$23,068not reported in the loaded dataset2023
Frank N Hestand Cpa PscAUDITOR$9,082not reported in the loaded dataset2023

Related Form 5500 pages