Plumbers & Pipefitters Local Union #51 Annuity Plan — Form 5500 plan (Local 51)
Plain-English plan 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, Plumbers & Pipefitters Local Union #51 Annuity Plan is a benefit plan reported by Local 51 under EIN 05-0504791 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,408 participants and $73,474,231 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Local 51
- EIN
- 05-0504791
- Plan number
- 002
- Plan type
- 1
- Location
- East Providence, RI
- Latest filing year
- 2023
- Participants
- 1,408
- End-of-year plan assets
- $73,474,231
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,408 | H, C | 20241008084604NAL0017305521001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $73,474,231
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $73,474,231
- Net assets (BOY)
- $63,818,882
Income & contributions
- Employer contributions
- $4,690,621
- Total contributions
- $4,690,621
- Total income / additions
- $14,482,910
Expenses & distributions
- Benefits paid
- $4,472,186
- Administrative expenses
- $355,375
- Total expenses
- $4,827,561
- Net increase / (decrease)
- $9,655,349
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Benesys Inc | PLAN ADMINISTRATOR | $36,410 | not reported in the loaded dataset | 2023 |
| Rodio & Ursillo | LEGAL | $35,560 | not reported in the loaded dataset | 2023 |
| Morgan Stanley | INVESTMENT ADVISORY | $26,012 | not reported in the loaded dataset | 2023 |
| Ward, Fisher & Company Llp | ACCOUNTANT | $15,000 | not reported in the loaded dataset | 2023 |
| Robert Cheverie & Associates | LEGAL | $10,200 | not reported in the loaded dataset | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Local 51
- 2023 Form 5500 filing
- Form 5500 filings in RI
- 401(k) and benefit plan filings in East Providence, RI
- Benesys Inc — Schedule C compensation
- Rodio & Ursillo — Schedule C compensation
- Morgan Stanley — Schedule C compensation
- Ward, Fisher & Company Llp — Schedule C compensation
- Robert Cheverie & Associates — Schedule C compensation
- Principal Life Insurance Company — Schedule C compensation