2023 Form 5500 filing — Ibew Local Union No. 520 Annuity 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 20241010143602NAL0021261041001) for Ibew Local Union No. 520 Annuity Plan, reported by Board Of Trustees Of Ibew Local Union No. 520 Annuity Trust Fund under EIN 75-2072597 and plan number 001. It reports 4,014 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010143602NAL0021261041001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees Of Ibew Local Union No. 520 Annuity Trust Fund
- EIN
- 75-2072597
- Plan number
- 001
- Location
- Albuquerque, NM
- Participants
- 4,014
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $121,073,062
- Net assets (EOY)
- $121,073,062
- Employer contributions
- $5,583,681
- Participant contributions
- $1,038,944
- Total income / additions
- $24,548,510
- Benefits paid
- $5,170,943
- Administrative expenses
- $788,071
- Total expenses
- $5,959,014
- Net increase / (decrease)
- $18,589,496
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Prudential Retirement Services | INV MGMT / ADMIN | $153,774 | $51,646 |
| Southwest Service Administrators | ADMINISTRATOR | $87,447 | not reported in the loaded dataset |
| Rbc Wealth Management | INV ADVISOR | $75,000 | not reported in the loaded dataset |
| Conner & Winters, Lp | ATTORNEY | $28,992 | not reported in the loaded dataset |
| Edwards And Leathers, P.C. | AUDITOR | $12,500 | not reported in the loaded dataset |