2023 Form 5500 filing — Ibew Local 1049 Craft Annuity Fund
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 20241012110202NAL0024413313002) for Ibew Local 1049 Craft Annuity Fund, reported by Board Of Trustees Ibew Local 1049 under EIN 11-3051862 and plan number 001. It reports 3,342 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241012110202NAL0024413313002
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees Ibew Local 1049
- EIN
- 11-3051862
- Plan number
- 001
- Location
- Holtsville, NY
- Participants
- 3,342
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $308,078,930
- Total liabilities (EOY)
- $272,831
- Net assets (EOY)
- $307,806,099
- Employer contributions
- $26,177,912
- Participant contributions
- $1,602,664
- Total income / additions
- $63,029,924
- Benefits paid
- $15,224,112
- Administrative expenses
- $380,967
- Total expenses
- $15,605,079
- Net increase / (decrease)
- $47,424,845
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| First Financial Services | NONE | $141,393 | not reported in the loaded dataset |
| Ibew Local 1049 Health & Welfare Fd | RELATED BENEFIT PLAN | $123,270 | not reported in the loaded dataset |
| Holm & Ohara, Llp | UNION ATTORNEY | $40,784 | not reported in the loaded dataset |
| Gould, Kobrick, & Schlapp, P.C. | UNION ACCOUNTANT | $18,822 | not reported in the loaded dataset |
| Syntonic Systems, Inc. | NONE | $7,800 | not reported in the loaded dataset |
| Stephen Friedman | NONE | $6,000 | not reported in the loaded dataset |
| Empower Life & Annuity Insurance | RECORDKEEPER | not reported in the loaded dataset | not reported in the loaded dataset |