2023 Form 5500 filing — Illinois Bankers Group Insurance Trust
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 20250115172652NAL0022050369003) for Illinois Bankers Group Insurance Trust, reported by Illinois Bankers Association under EIN 36-3215107 and plan number 501. It reports 1,817 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250115172652NAL0022050369003
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Illinois Bankers Association
- EIN
- 36-3215107
- Plan number
- 501
- Location
- Springfield, IL
- Participants
- 1,817
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,103,329
- Total liabilities (EOY)
- $2,278,167
- Net assets (EOY)
- $4,825,162
- Employer contributions
- $22,478,005
- Total income / additions
- $22,834,111
- Benefits paid
- $22,841,532
- Administrative expenses
- $749,941
- Total expenses
- $23,591,473
- Net increase / (decrease)
- -$757,362
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Illinois Bankers Association | PLAN ADMINISTRATOR | $134,381 | not reported in the loaded dataset |
| Clemens & Associates Life Agency | NONE | $130,000 | not reported in the loaded dataset |
| Giffin, Winning, Cohen & Bodewes Pc | NONE | $21,963 | not reported in the loaded dataset |
| Great Lakes Advisors | NONE | $19,804 | not reported in the loaded dataset |
| Kerber, Eck & Braeckel | NONE | $19,250 | not reported in the loaded dataset |