2023 Form 5500 filing — I.B.E.W Local 697 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 20241009131101NAL0032724112001) for I.B.E.W Local 697 Defined Contribution Plan, reported by Trustees Of I.B.E.W Local 697 Defined Contribution Plan under EIN 35-1773526 and plan number 002. It reports 1,082 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009131101NAL0032724112001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Trustees Of I.B.E.W Local 697 Defined Contribution Plan
- EIN
- 35-1773526
- Plan number
- 002
- Location
- Merrillville, IN
- Participants
- 1,082
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $389,744,986
- Total liabilities (EOY)
- $344,851
- Net assets (EOY)
- $389,400,135
- Employer contributions
- $13,319,951
- Participant contributions
- $34,569
- Total income / additions
- $73,139,760
- Benefits paid
- $19,961,689
- Administrative expenses
- $589,712
- Total expenses
- $20,551,401
- Net increase / (decrease)
- $52,588,359
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| The Vanguard Group | NONE | $259,236 | $0 |
| P Keenan | ADMINISTRATOR | $65,999 | not reported in the loaded dataset |
| J Swider | EMPLOYEE | $34,392 | not reported in the loaded dataset |
| Hagberg & Associates | NONE | $33,427 | not reported in the loaded dataset |
| Legacy Professionals Llp | NONE | $33,266 | not reported in the loaded dataset |
| Marquette Associates | NONE | $30,000 | not reported in the loaded dataset |