Ibew Local 325 Annuity Fund — Form 5500 plan (Ibew Local Union 325)
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 325 Annuity Fund is a benefit plan reported by Ibew Local Union 325 under EIN 16-1368200 and plan number 002. The latest loaded filing year is 2023. The filing reports 382 participants and $40,467,689 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ibew Local Union 325
- EIN
- 16-1368200
- Plan number
- 002
- Plan type
- 1
- Location
- Binghamton, NY
- Latest filing year
- 2023
- Participants
- 382
- End-of-year plan assets
- $40,467,689
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 382 | H, C | 20250616120923NAL0000483859002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $40,467,689
- Total liabilities (EOY)
- $32,853
- Net assets (EOY)
- $40,434,836
- Net assets (BOY)
- $37,272,928
Income & contributions
- Employer contributions
- $2,367,888
- Total contributions
- $2,367,888
- Total income / additions
- $5,820,648
Expenses & distributions
- Benefits paid
- $2,244,318
- Administrative expenses
- $414,422
- Total expenses
- $2,658,740
- Net increase / (decrease)
- $3,161,908
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Manning & Napier | PARTY-IN-INTEREST | $71,154 | $0 | 2023 |
| Amalgamated Bank Of Chicago | NONE | $36,717 | $0 | 2023 |
| Blitman & King | NONE | $14,283 | not reported in the loaded dataset | 2023 |
| Investment Performance Services, Ll | NONE | $14,250 | not reported in the loaded dataset | 2023 |
| D'Arcangelo & Co., Llp | NONE | $14,100 | not reported in the loaded dataset | 2023 |
| Segall Bryant & Hamill | NONE | $10,621 | $0 | 2023 |
| Principal | NONE | $10,136 | not reported in the loaded dataset | 2023 |
| Bolton Parners Northeast, Inc. | NONE | $5,700 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ibew Local Union 325
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Binghamton, NY
- Manning & Napier — Schedule C compensation
- Amalgamated Bank Of Chicago — Schedule C compensation
- Blitman & King — Schedule C compensation
- Investment Performance Services, Ll — Schedule C compensation
- D'Arcangelo & Co., Llp — Schedule C compensation
- Segall Bryant & Hamill — Schedule C compensation
- Principal — Schedule C compensation
- Bolton Parners Northeast, Inc. — Schedule C compensation