Ibew Local 1049 Craft Annuity Fund — Form 5500 plan (Board Of Trustees Ibew Local 1049)

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, Ibew Local 1049 Craft Annuity Fund is a benefit plan reported by Board Of Trustees Ibew Local 1049 under EIN 11-3051862 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,342 participants and $308,078,930 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Board Of Trustees Ibew Local 1049
EIN
11-3051862
Plan number
001
Plan type
1
Location
Holtsville, NY
Latest filing year
2023
Participants
3,342
End-of-year plan assets
$308,078,930

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20233,342H, C20241012110202NAL0024413313002

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$308,078,930
Total liabilities (EOY)
$272,831
Net assets (EOY)
$307,806,099
Net assets (BOY)
$260,381,254

Income & contributions

Employer contributions
$26,177,912
Participant contributions
$1,602,664
Total contributions
$27,780,576
Total income / additions
$63,029,924

Expenses & distributions

Benefits paid
$15,224,112
Administrative expenses
$380,967
Total expenses
$15,605,079
Net increase / (decrease)
$47,424,845

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
First Financial ServicesNONE$141,393not reported in the loaded dataset2023
Ibew Local 1049 Health & Welfare FdRELATED BENEFIT PLAN$123,270not reported in the loaded dataset2023
Holm & Ohara, LlpUNION ATTORNEY$40,784not reported in the loaded dataset2023
Gould, Kobrick, & Schlapp, P.C.UNION ACCOUNTANT$18,822not reported in the loaded dataset2023
Syntonic Systems, Inc.NONE$7,800not reported in the loaded dataset2023
Stephen FriedmanNONE$6,000not reported in the loaded dataset2023
Empower Life & Annuity InsuranceRECORDKEEPERnot reported in the loaded datasetnot reported in the loaded dataset2023

Related Form 5500 pages