Operating Engineers Local 428 Annuity Trust Fund — Form 5500 plan (Operating Engineers Local 428 Annuity Trust 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, Operating Engineers Local 428 Annuity Trust Fund is a benefit plan reported by Operating Engineers Local 428 Annuity Trust Fund under EIN 86-6025732 and plan number 002. The latest loaded filing year is 2023. The filing reports 7,670 participants and $291,333,345 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Operating Engineers Local 428 Annuity Trust Fund
EIN
86-6025732
Plan number
002
Plan type
1
Location
Phoenix, AZ
Latest filing year
2023
Participants
7,670
End-of-year plan assets
$291,333,345

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20237,670H, C20241014191118NAL0013776099001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$291,333,345
Total liabilities (EOY)
$399,563
Net assets (EOY)
$290,933,782
Net assets (BOY)
$255,985,755

Income & contributions

Employer contributions
$17,028,661
Total contributions
$17,028,661
Total income / additions
$47,893,729

Expenses & distributions

Benefits paid
$12,030,918
Administrative expenses
$914,784
Total expenses
$12,945,702
Net increase / (decrease)
$34,948,027

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Jp Morgan Asset ManagementNONE OTHER THAN CONTRACT$197,510not reported in the loaded dataset2023
Western Asset Management CompanyNONE OTHER THAN CONTRACT$126,688not reported in the loaded dataset2023
Verus Advisors, Inc.NONE OTHER THAN CONTRACT$106,000not reported in the loaded dataset2023
Lsv Asset ManagementNONE OTHER THAN CONTRACT$103,333not reported in the loaded dataset2023
Segal Select InsuranceNONE OTHER THAN CONTRACT$58,594not reported in the loaded dataset2023
Southwest Service AdministratorsNONE OTHER THAN CONTRACT$57,151not reported in the loaded dataset2023
Pgim Real Estate U.S. Debt Fund, LpNONE OTHER THAN CONTRACT$48,181not reported in the loaded dataset2023
Panagora Asset Management, Inc.NONE OTHER THAN CONTRACT$43,087not reported in the loaded dataset2023
Bmo Harris BankNONE OTHER THAN CONTRACT$37,848not reported in the loaded dataset2023
Ward Keenan And Barrett, PcNONE OTHER THAN CONTRACT$35,874not reported in the loaded dataset2023
Baldwin Moffitt Behm LlpNONE OTHER THAN CONTRACT$32,249not reported in the loaded dataset2023
Spencer FaneNONE$28,350not reported in the loaded dataset2023
Jennings, Strouss & Salmon PlcNONE OTHER THAN CONTRACT$19,425not reported in the loaded dataset2023
The Segal CompanyNONE OTHER THAN CONTRACT$10,925not reported in the loaded dataset2023

Related Form 5500 pages