Local 553 Pension Fund — Form 5500 plan (Board Of Trustees Of Local 553 Pension Fund)

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, Local 553 Pension Fund is a benefit plan reported by Board Of Trustees Of Local 553 Pension Fund under EIN 13-6637826 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,976 participants and $252,047,022 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Board Of Trustees Of Local 553 Pension Fund
EIN
13-6637826
Plan number
001
Plan type
1
Location
New York, NY
Latest filing year
2023
Participants
1,976
End-of-year plan assets
$252,047,022

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,976H, C20240903124743NAL0010564083001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$252,047,022
Total liabilities (EOY)
$378,300
Net assets (EOY)
$251,668,722
Net assets (BOY)
$247,623,567

Income & contributions

Employer contributions
$5,228,910
Total contributions
$5,228,910
Total income / additions
$28,722,038

Expenses & distributions

Benefits paid
$22,424,046
Administrative expenses
$2,252,837
Total expenses
$24,676,883
Net increase / (decrease)
$4,045,155

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Friedman And AnspachLEGAL COUNSEL$390,570not reported in the loaded dataset2023
Jp Morgan Chase Bank, N.A.NONE$318,779not reported in the loaded dataset2023
The Segal Company (Eastern States)NONE$204,469not reported in the loaded dataset2023
Katia A. PettinatoEMPLOYEE$151,512not reported in the loaded dataset2023
Siezert Capital PartnersNONE$117,564$02023
Elena ShtabelEMPLOYEE$106,694not reported in the loaded dataset2023
Proskauer Rose LlpNONE$100,000not reported in the loaded dataset2023
Rajpattie SankarEMPLOYEE$97,954not reported in the loaded dataset2023
Nelli BraginskayaEMPLOYEE$87,755not reported in the loaded dataset2023
Calibre Cpa Group, PllcAUDITOR$81,329not reported in the loaded dataset2023
Segal Marco AdvisorsNONE$70,000not reported in the loaded dataset2023
Us Bank, NaNONE$68,490$02023
Invesco National Trust CompanyNONE$54,146$02023
The Bank Of New York MellonNONE$52,346$02023
Mr. Microchip Software Center, Inc.NONE$19,594not reported in the loaded dataset2023
State Street Global AdvisorsNONE$12,560$02023
Segal Select Insurance ServicesNONE$8,920$02023
WithumNONE$7,958not reported in the loaded dataset2023

Related Form 5500 pages