2023 Form 5500 filing — I. B. E. W. Local Union No. 124 401(K) 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 20241011141710NAL0011012227001) for I. B. E. W. Local Union No. 124 401(K) Plan, reported by I.B.E.W Local Union No. 124 under EIN 43-1269910 and plan number 005. It reports 2,708 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011141710NAL0011012227001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- I.B.E.W Local Union No. 124
- EIN
- 43-1269910
- Plan number
- 005
- Location
- Kansas City, MO
- Participants
- 2,708
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $141,705,076
- Total liabilities (EOY)
- $28,834
- Net assets (EOY)
- $141,676,242
- Participant contributions
- $9,505,748
- Total income / additions
- $31,305,678
- Benefits paid
- $7,608,831
- Administrative expenses
- $370,336
- Total expenses
- $7,979,167
- Net increase / (decrease)
- $23,326,511
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $151,577 | $0 |
| Local Union 124 Benefit Office | PARTY-IN-INTEREST | $103,168 | not reported in the loaded dataset |
| Arnold, Newbold, Sollars & Hollins | LEGAL | $63,386 | not reported in the loaded dataset |
| Segal Marco Advisors | INVESTMENT ADVISORY | $20,489 | not reported in the loaded dataset |
| Rubinbrown Llp | AUDITOR | $18,200 | not reported in the loaded dataset |
| Construction Benefits Audit Corp | NONE | $13,516 | not reported in the loaded dataset |