2023 Form 5500 filing — Neca-Ibew Local Union 1701 Pension Benefit Trust 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 20241013144506NAL0012461635002) for Neca-Ibew Local Union 1701 Pension Benefit Trust Fund, reported by Joint Board Of Trustees Of Neca Ibew Local 1701 Pen. Ben. Trst Fun under EIN 61-0459923 and plan number 001. It reports 430 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241013144506NAL0012461635002
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Joint Board Of Trustees Of Neca Ibew Local 1701 Pen. Ben. Trst Fun
- EIN
- 61-0459923
- Plan number
- 001
- Location
- Lansing, MI
- Participants
- 430
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $64,089,876
- Total liabilities (EOY)
- $108,252
- Net assets (EOY)
- $63,981,624
- Employer contributions
- $3,161,286
- Total income / additions
- $13,089,294
- Benefits paid
- $2,378,593
- Administrative expenses
- $198,407
- Total expenses
- $2,577,000
- Net increase / (decrease)
- $10,512,294
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $74,626 | $0 |
| Tic International Group | CONTRACT ADMINISTRATOR | $32,000 | not reported in the loaded dataset |
| Old National Wealth Management | INVESTMENT CONSULTANT | $27,000 | not reported in the loaded dataset |
| Ledbetter Partners LLC | ATTORNEY | $23,068 | not reported in the loaded dataset |
| Frank N Hestand Cpa Psc | AUDITOR | $9,082 | not reported in the loaded dataset |