2023 Form 5500 filing — Operating Engineers Local 428 Annuity 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 20241014191118NAL0013776099001) for Operating Engineers Local 428 Annuity Trust Fund, reported by Operating Engineers Local 428 Annuity Trust Fund under EIN 86-6025732 and plan number 002. It reports 7,670 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014191118NAL0013776099001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Operating Engineers Local 428 Annuity Trust Fund
- EIN
- 86-6025732
- Plan number
- 002
- Location
- Phoenix, AZ
- Participants
- 7,670
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $291,333,345
- Total liabilities (EOY)
- $399,563
- Net assets (EOY)
- $290,933,782
- Employer contributions
- $17,028,661
- Total income / additions
- $47,893,729
- Benefits paid
- $12,030,918
- Administrative expenses
- $914,784
- Total expenses
- $12,945,702
- Net increase / (decrease)
- $34,948,027
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Jp Morgan Asset Management | NONE OTHER THAN CONTRACT | $197,510 | not reported in the loaded dataset |
| Western Asset Management Company | NONE OTHER THAN CONTRACT | $126,688 | not reported in the loaded dataset |
| Verus Advisors, Inc. | NONE OTHER THAN CONTRACT | $106,000 | not reported in the loaded dataset |
| Lsv Asset Management | NONE OTHER THAN CONTRACT | $103,333 | not reported in the loaded dataset |
| Segal Select Insurance | NONE OTHER THAN CONTRACT | $58,594 | not reported in the loaded dataset |
| Southwest Service Administrators | NONE OTHER THAN CONTRACT | $57,151 | not reported in the loaded dataset |
| Pgim Real Estate U.S. Debt Fund, Lp | NONE OTHER THAN CONTRACT | $48,181 | not reported in the loaded dataset |
| Panagora Asset Management, Inc. | NONE OTHER THAN CONTRACT | $43,087 | not reported in the loaded dataset |
| Bmo Harris Bank | NONE OTHER THAN CONTRACT | $37,848 | not reported in the loaded dataset |
| Ward Keenan And Barrett, Pc | NONE OTHER THAN CONTRACT | $35,874 | not reported in the loaded dataset |
| Baldwin Moffitt Behm Llp | NONE OTHER THAN CONTRACT | $32,249 | not reported in the loaded dataset |
| Spencer Fane | NONE | $28,350 | not reported in the loaded dataset |
| Jennings, Strouss & Salmon Plc | NONE OTHER THAN CONTRACT | $19,425 | not reported in the loaded dataset |
| The Segal Company | NONE OTHER THAN CONTRACT | $10,925 | not reported in the loaded dataset |