Ibew Local 480 Pension Plan — Form 5500 plan (Neca-Ibew Local 480)
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 480 Pension Plan is a benefit plan reported by Neca-Ibew Local 480 under EIN 64-6153349 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,098 participants and $111,828,447 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Neca-Ibew Local 480
- EIN
- 64-6153349
- Plan number
- 001
- Plan type
- 1
- Location
- Byram, MS
- Latest filing year
- 2023
- Participants
- 1,098
- End-of-year plan assets
- $111,828,447
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,098 | H, C | 20250310164513NAL0027455648001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $111,828,447
- Total liabilities (EOY)
- $195,851
- Net assets (EOY)
- $111,632,596
- Net assets (BOY)
- $99,596,347
Income & contributions
- Employer contributions
- $4,577,153
- Total contributions
- $4,577,153
- Total income / additions
- $18,575,863
Expenses & distributions
- Benefits paid
- $6,296,327
- Administrative expenses
- $243,287
- Total expenses
- $6,539,614
- Net increase / (decrease)
- $12,036,249
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Ins Co Of America | not reported in the loaded dataset | $76,079 | $0 | 2023 |
| Ibew Local 480 Health & Welfare Pla | HEALTH AND WELFARE PLAN | $54,230 | not reported in the loaded dataset | 2023 |
| Usi Consulting Group, Inc. | not reported in the loaded dataset | $36,425 | not reported in the loaded dataset | 2023 |
| Tann, Brown & Russ Co., Pllc | not reported in the loaded dataset | $34,500 | not reported in the loaded dataset | 2023 |
| Union Insurance Group | not reported in the loaded dataset | $12,157 | not reported in the loaded dataset | 2023 |
| American Benefit Corporation | not reported in the loaded dataset | $9,900 | not reported in the loaded dataset | 2023 |
| Maxey Wann, Pllc | not reported in the loaded dataset | $6,242 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | not reported in the loaded dataset | $3,606 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Neca-Ibew Local 480
- 2023 Form 5500 filing
- Form 5500 filings in MS
- 401(k) and benefit plan filings in Byram, MS
- Empower Annuity Ins Co Of America — Schedule C compensation
- Ibew Local 480 Health & Welfare Pla — Schedule C compensation
- Usi Consulting Group, Inc. — Schedule C compensation
- Tann, Brown & Russ Co., Pllc — Schedule C compensation
- Union Insurance Group — Schedule C compensation
- American Benefit Corporation — Schedule C compensation
- Maxey Wann, Pllc — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation