2023 Form 5500 filing — I.B.E.W. Local Union # 654 Defined Contribution Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240820112329NAL0001425139002) for I.B.E.W. Local Union # 654 Defined Contribution Plan, reported by Ibew Lu # 654 Pension Fund Trustees under EIN 23-6538183 and plan number 002. It reports 630 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240820112329NAL0001425139002
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Ibew Lu # 654 Pension Fund Trustees
- EIN
- 23-6538183
- Plan number
- 002
- Location
- Mount Laurel, NJ
- Participants
- 630
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $138,626,403
- Total liabilities (EOY)
- $45,245
- Net assets (EOY)
- $138,581,158
- Employer contributions
- $8,465,000
- Total income / additions
- $26,084,560
- Benefits paid
- $4,285,429
- Administrative expenses
- $270,578
- Total expenses
- $4,556,007
- Net increase / (decrease)
- $21,528,553
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Prudential Retirement Insurance And | NONE | $159,384 | $0 |
| Frank M Vaccaro & Associates | NONE | $37,516 | not reported in the loaded dataset |
| Graystone Consulting | NONE | $26,000 | not reported in the loaded dataset |
| Novak Francella LLC | NONE | $21,174 | not reported in the loaded dataset |