2023 Form 5500 filing — Ibew Local 347 Retirement And 401(K) 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 20250307133007NAL0018616784001) for Ibew Local 347 Retirement And 401(K) Plan, reported by Ibew Local No. 347 & Iowa Chapter Of Neca, Joint Board Of Trustees under EIN 45-4356227 and plan number 001. It reports 2,959 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250307133007NAL0018616784001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Ibew Local No. 347 & Iowa Chapter Of Neca, Joint Board Of Trustees
- EIN
- 45-4356227
- Plan number
- 001
- Location
- Troy, MI
- Participants
- 2,959
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $394,564,826
- Total liabilities (EOY)
- $629,369
- Net assets (EOY)
- $393,935,457
- Employer contributions
- $20,624,799
- Participant contributions
- $1,762,774
- Total income / additions
- $83,072,262
- Benefits paid
- $18,141,375
- Administrative expenses
- $644,586
- Total expenses
- $18,785,961
- Net increase / (decrease)
- $64,286,301
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | not reported in the loaded dataset | $317,642 | $0 |
| Compusys Of Utah, Inc. | not reported in the loaded dataset | $81,427 | not reported in the loaded dataset |
| Blake & Uhlig | not reported in the loaded dataset | $66,311 | not reported in the loaded dataset |
| Fiducient Advisors | not reported in the loaded dataset | $43,392 | not reported in the loaded dataset |
| Deboer & Associates, Pc | not reported in the loaded dataset | $34,760 | not reported in the loaded dataset |
| Solxsys Administrative Solutions | not reported in the loaded dataset | $13,500 | not reported in the loaded dataset |