2023 Form 5500 filing — Ibew Local Union 573 Profit Sharing Plan And Trust
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 20241010121507NAL0020046721003) for Ibew Local Union 573 Profit Sharing Plan And Trust, reported by Profit Sharing Plan And Trust Ibew No. 573 Pension Trust Fund under EIN 34-1667617 and plan number 002. It reports 1,198 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010121507NAL0020046721003
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Profit Sharing Plan And Trust Ibew No. 573 Pension Trust Fund
- EIN
- 34-1667617
- Plan number
- 002
- Location
- Canfield, OH
- Participants
- 1,198
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $27,337,625
- Total liabilities (EOY)
- $35,668
- Net assets (EOY)
- $27,301,957
- Employer contributions
- $1,995,155
- Total income / additions
- $4,738,371
- Benefits paid
- $588,007
- Administrative expenses
- $118,458
- Total expenses
- $706,465
- Net increase / (decrease)
- $4,031,906
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Segal Marco Advisors | INVESTMENT CUSTODIAN | $47,256 | not reported in the loaded dataset |
| Yurchyk & Davis Cpa'S, Inc | AUDITOR | $22,302 | not reported in the loaded dataset |
| Benesys, Inc | THIRD PARTY ADMINISTRATOR | $14,789 | not reported in the loaded dataset |
| National Real Estate Advisors, LLC | INVESTMENT MANAGER | $13,343 | not reported in the loaded dataset |
| Macalla & Piatt, LLC | ATTORNEY | $8,009 | not reported in the loaded dataset |
| Newtower Trust Company | INVESTMENT MANAGER | $4,740 | $0 |