2023 Form 5500 filing — I.B.E.W. Local 673 Profit Sharing 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 20241014164511NAL0027890257010) for I.B.E.W. Local 673 Profit Sharing Annuity Plan, reported by I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board Of Trustees under EIN 34-6661994 and plan number 002. It reports 544 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014164511NAL0027890257010
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- I.B.E.W. Local 673 Profit Sharing Annuity Plan - Board Of Trustees
- EIN
- 34-6661994
- Plan number
- 002
- Location
- Mentor, OH
- Participants
- 544
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $49,061,713
- Total liabilities (EOY)
- $102,226
- Net assets (EOY)
- $48,959,487
- Employer contributions
- $1,559,818
- Participant contributions
- $89,243
- Total income / additions
- $7,804,942
- Benefits paid
- $3,169,895
- Administrative expenses
- $162,051
- Total expenses
- $3,331,946
- Net increase / (decrease)
- $4,472,996
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Ubs Financial Services Inc | NONE | $54,457 | not reported in the loaded dataset |
| Solxsys Administrative Solutions | NONE | $36,000 | not reported in the loaded dataset |
| Gallovic, Granito, & Co Ltd | NONE | $31,956 | not reported in the loaded dataset |
| Macala & Piatt, L.L.C. | NONE | $8,186 | not reported in the loaded dataset |
| Todd Associates, Inc. | NONE | $6,249 | not reported in the loaded dataset |
| Ibew 673 Fringe Benefit Funds Inc | FIDUCIARY | $5,616 | not reported in the loaded dataset |
| John Hancock Retirement Plan Svcs | NONE | $1,125 | $0 |