2023 Form 5500 filing — Ibew Local 480 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 20250310164513NAL0027455648001) for Ibew Local 480 Pension Plan, reported by Neca-Ibew Local 480 under EIN 64-6153349 and plan number 001. It reports 1,098 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250310164513NAL0027455648001
- Filing year
- 2023
- Form type
- 1
- Plan sponsor
- Neca-Ibew Local 480
- EIN
- 64-6153349
- Plan number
- 001
- Location
- Byram, MS
- Participants
- 1,098
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $111,828,447
- Total liabilities (EOY)
- $195,851
- Net assets (EOY)
- $111,632,596
- Employer contributions
- $4,577,153
- Total income / additions
- $18,575,863
- Benefits paid
- $6,296,327
- Administrative expenses
- $243,287
- Total expenses
- $6,539,614
- Net increase / (decrease)
- $12,036,249
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Ins Co Of America | not reported in the loaded dataset | $76,079 | $0 |
| Ibew Local 480 Health & Welfare Pla | HEALTH AND WELFARE PLAN | $54,230 | not reported in the loaded dataset |
| Usi Consulting Group, Inc. | not reported in the loaded dataset | $36,425 | not reported in the loaded dataset |
| Tann, Brown & Russ Co., Pllc | not reported in the loaded dataset | $34,500 | not reported in the loaded dataset |
| Union Insurance Group | not reported in the loaded dataset | $12,157 | not reported in the loaded dataset |
| American Benefit Corporation | not reported in the loaded dataset | $9,900 | not reported in the loaded dataset |
| Maxey Wann, Pllc | not reported in the loaded dataset | $6,242 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | not reported in the loaded dataset | $3,606 | not reported in the loaded dataset |