2023 Form 5500 filing — Ibew Local Union No. 98, Zone 2 Pension 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 20241015181153NAL0017023251004) for Ibew Local Union No. 98, Zone 2 Pension Trust Fund, reported by Ibew Local Union 98 under EIN 23-6583334 and plan number 001. It reports 1,307 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015181153NAL0017023251004
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Ibew Local Union 98
- EIN
- 23-6583334
- Plan number
- 001
- Location
- Philadelphia, PA
- Participants
- 1,307
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $109,628,210
- Total liabilities (EOY)
- $367,154
- Net assets (EOY)
- $109,261,056
- Employer contributions
- $14,934,932
- Total income / additions
- $23,636,421
- Benefits paid
- $12,927,848
- Administrative expenses
- $627,733
- Total expenses
- $13,555,581
- Net increase / (decrease)
- $10,080,840
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Asb Capital Management, Inc. | NONE | $97,672 | $0 |
| Cheiron, Inc | NONE | $96,399 | not reported in the loaded dataset |
| National Real Estate Advisors | NONE | $87,038 | not reported in the loaded dataset |
| Ullico Investment Advisors, Inc | NONE | $63,315 | $0 |
| Segal Marco Advisors | NONE | $50,000 | not reported in the loaded dataset |
| Novak Francella, LLC | NONE | $43,194 | not reported in the loaded dataset |
| Ibew Local 98 | RELATED AFFILIATE | $30,374 | not reported in the loaded dataset |
| Frank M. Vacarro & Associates Inc | NONE | $27,600 | not reported in the loaded dataset |
| Pnc Bank, National Association | NONE | $17,108 | $0 |
| Hamilton Lane Advisors, LLC | NONE | $0 | $16,897 |
| Cleary, Josem, & Trigianni Llp | NONE | $14,332 | not reported in the loaded dataset |
| Kang, Haggerty & Fetbroyt, LLC | NONE | $9,038 | not reported in the loaded dataset |