2023 Form 5500 filing — International Brotherhood Of Electrical Workers Local Union 98 Pension 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 20241015181153NAL0017023251002) for International Brotherhood Of Electrical Workers Local Union 98 Pension Plan, reported by Board Of Trustees International Brotherh Electrical Workers Pension Pl under EIN 23-1990722 and plan number 001. It reports 4,563 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015181153NAL0017023251002
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Board Of Trustees International Brotherh Electrical Workers Pension Pl
- EIN
- 23-1990722
- Plan number
- 001
- Location
- Philadelphia, PA
- Participants
- 4,563
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $554,614,284
- Total liabilities (EOY)
- $1,146,815
- Net assets (EOY)
- $553,467,469
- Employer contributions
- $45,885,019
- Total income / additions
- $111,039,686
- Benefits paid
- $40,301,084
- Administrative expenses
- $2,893,301
- Total expenses
- $43,194,385
- Net increase / (decrease)
- $67,845,301
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lsv Asset Management | NONE | $471,459 | not reported in the loaded dataset |
| Union Labor Life Insurance Company | NONE | $424,811 | $0 |
| Goodwin Capital Advisors | NONE | $190,220 | not reported in the loaded dataset |
| Harbourvest Partners LLC | NONE | $0 | $188,120 |
| Newtower Trust Company | NONE | $0 | $152,399 |
| National Real Estate Advisors LLC | NONE | $148,467 | $0 |
| Pinnacle Asset Management Lp | NONE | $0 | $139,836 |
| Frank M. Vacarro & Associates | NONE | $138,201 | not reported in the loaded dataset |
| Cheiron,Inc. | NONE | $128,928 | not reported in the loaded dataset |
| Hamilton Lane Advisors, LLC | NONE | $0 | $124,834 |
| Cleary, Josem & Trigiani Llp | NONE | $114,178 | not reported in the loaded dataset |
| Pinnacle Associates Gp, LLC | NONE | $0 | $108,308 |
| Pnc Bank National Association | NONE | $90,376 | $0 |
| Marco Consulting Group | NONE | $85,000 | not reported in the loaded dataset |
| Nb Alternatives Advisers LLC | NONE | $0 | $83,902 |
| Novak Francella LLC | NONE | $70,615 | not reported in the loaded dataset |
| Blackrock Investment Managment LLC | NONE | $0 | $57,382 |
| Fox Rothschild Llp | NONE | $17,429 | not reported in the loaded dataset |