2023 Form 5500 filing — Operating Engineers Local 77 Individual Account 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 20241014213250NAL0028318177002) for Operating Engineers Local 77 Individual Account Plan, reported by Board Of Trustees Operating Engineers Local 77 Individual Account Plan under EIN 52-2241121 and plan number 001. It reports 3,515 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014213250NAL0028318177002
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees Operating Engineers Local 77 Individual Account Plan
- EIN
- 52-2241121
- Plan number
- 001
- Location
- Sparks, MD
- Participants
- 3,515
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $46,298,859
- Total liabilities (EOY)
- $7,576
- Net assets (EOY)
- $46,291,283
- Employer contributions
- $2,454,984
- Participant contributions
- $1,060,703
- Total income / additions
- $9,577,398
- Benefits paid
- $2,833,742
- Administrative expenses
- $346,901
- Total expenses
- $3,180,643
- Net increase / (decrease)
- $6,396,755
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | NONE | $216,370 | $0 |
| Associated Administrators, LLC | NONE | $135,102 | not reported in the loaded dataset |
| Investment Performance Services, Ll | NONE | $22,500 | not reported in the loaded dataset |
| Mcchesney & Dale, P.C. | NONE | $12,430 | not reported in the loaded dataset |
| Calibre Cpa Group | NONE | $11,105 | not reported in the loaded dataset |