Plan5500

2023 Form 5500 filing — Teamsters Local Union No. 716 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 20250113145304NAL0029570016003) for Teamsters Local Union No. 716 Pension Plan, reported by Jt Board Of Trustees Teamsters under EIN 51-0175810 and plan number 002. It reports 2,262 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

EFAST2 acknowledgement
20250113145304NAL0029570016003
Filing year
2023
Form type
1
Plan sponsor
Jt Board Of Trustees Teamsters
EIN
51-0175810
Plan number
002
Location
Indianapolis, IN
Participants
2,262
Schedules available
Schedule H, Schedule C
Received date
not reported in the loaded dataset

Reported financial snapshot (2023)

Total assets (EOY)
$101,451,836
Total liabilities (EOY)
$37,906
Net assets (EOY)
$101,413,930
Employer contributions
$5,308,500
Total income / additions
$18,496,938
Benefits paid
$7,643,242
Administrative expenses
$725,746
Total expenses
$8,368,988
Net increase / (decrease)
$10,127,950
Schedule source
Schedule H

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Charles Schwab Trust BankCUSTODIAN$438,304not reported in the loaded dataset
United ActuarialACTUARY$48,722not reported in the loaded dataset
Paramount ConsultingPLAN ADMINISTRATOR$36,532not reported in the loaded dataset
Pile CpasAUDITOR$23,100not reported in the loaded dataset
Bridgeway Benefit TechnologiesNONE$15,280not reported in the loaded dataset
Health Benefits FundNONE$9,149not reported in the loaded dataset
International Foundation Of EmployeNONE$7,590not reported in the loaded dataset

Related Form 5500 pages