Plan5500

2023 Form 5500 filing — Ibew Local No. 716 Retirement 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 20240918135323NAL0006374464001) for Ibew Local No. 716 Retirement Plan, reported by Board Of Trustees Of The Ibew Local No. 716 Retirement Trust Fund under EIN 31-6620547 and plan number 001. It reports 5,554 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20240918135323NAL0006374464001
Filing year
2023
Form type
1
Plan sponsor
Board Of Trustees Of The Ibew Local No. 716 Retirement Trust Fund
EIN
31-6620547
Plan number
001
Location
Houston, TX
Participants
5,554
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$117,043,585
Total liabilities (EOY)
$30,744
Net assets (EOY)
$117,012,841
Employer contributions
$4,298,608
Participant contributions
$1,547,848
Total income / additions
$21,268,711
Benefits paid
$7,509,793
Administrative expenses
$464,592
Total expenses
$7,974,385
Net increase / (decrease)
$13,294,326
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Prudential RetirementINV MGR / ADMIN$354,235not reported in the loaded dataset
Segal MarcoINV ADVISOR$50,000not reported in the loaded dataset
Edwards & Leathers, P.C.AUDITOR$16,934not reported in the loaded dataset
The Segal CompanyCONSULTING$14,324not reported in the loaded dataset
Benefit Resources, Inc.ADMINISTRATOR$11,250not reported in the loaded dataset
Patrick FlynnATTORNEY$11,166not reported in the loaded dataset

Related Form 5500 pages