2023 Form 5500 filing — I.B.E.W. Local 38 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 20250215070008NAL0026084817001) for I.B.E.W. Local 38 Pension Plan, reported by Ibew Local 38 Pension Plan under EIN 34-6574238 and plan number 001. It reports 3,446 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250215070008NAL0026084817001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Ibew Local 38 Pension Plan
- EIN
- 34-6574238
- Plan number
- 001
- Location
- Cleveland, OH
- Participants
- 3,446
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $426,621,117
- Total liabilities (EOY)
- $773,933
- Net assets (EOY)
- $425,847,184
- Employer contributions
- $24,333,448
- Total income / additions
- $57,016,042
- Benefits paid
- $37,575,655
- Administrative expenses
- $2,033,227
- Total expenses
- $39,608,882
- Net increase / (decrease)
- $17,407,160
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Manning & Napier | INVESTMENT MANAGER | $321,411 | not reported in the loaded dataset |
| Fisher Investments | INVESTMENT MANAGER | $295,520 | not reported in the loaded dataset |
| Earnest Partners | INVESTMENT MANAGER | $274,172 | not reported in the loaded dataset |
| Ibew Local 38 Fringe Benefit Funds | CONTRACT ADMINISTRATOR | $202,770 | not reported in the loaded dataset |
| Asb Capital Management LLC | INVESTMENT MANAGER | $167,720 | not reported in the loaded dataset |
| Pbgc Premium | NONE | $120,742 | not reported in the loaded dataset |
| Umb Fund Services | INVESTMENT MANAGER | $105,746 | not reported in the loaded dataset |
| Jp Morgan Chase Bank, N.A. | INVESTMENT MANAGER | $94,656 | not reported in the loaded dataset |
| Segal Macro Advisors | INVESTMENT CONSULTANT | $88,000 | not reported in the loaded dataset |
| National Real Estate Advisors LLC | INVESTMENT MANAGER | $86,950 | not reported in the loaded dataset |
| Segal Company | ACTUARY | $76,748 | not reported in the loaded dataset |
| Loomis Sayles Trust Company | INVESTMENT MANAGER | $57,134 | not reported in the loaded dataset |
| Allotta Farley & Co Llp | ATTORNEY | $23,576 | not reported in the loaded dataset |
| Pnc Financial Services | CUSTODIAL | $19,895 | not reported in the loaded dataset |
| Yurchyk & Davis Cpa'S, Inc. | AUDITOR | $16,800 | not reported in the loaded dataset |
| Key Bank | INVESTMENT CUSTODIAN | $9,362 | not reported in the loaded dataset |
| Bridgeway Benefit Technologies | COMPUTER SERVICES | $7,840 | not reported in the loaded dataset |