Local 351 Ibew Pension Plan — Form 5500 plan (Board Of Trustees Local 351 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 351 Ibew Pension Plan is a benefit plan reported by Board Of Trustees Local 351 Pension Fund under EIN 22-3417366 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,615 participants and $503,340,242 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Board Of Trustees Local 351 Pension Fund
- EIN
- 22-3417366
- Plan number
- 001
- Plan type
- 1
- Location
- West Trenton, NJ
- Latest filing year
- 2023
- Participants
- 3,615
- End-of-year plan assets
- $503,340,242
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,615 | H, C | 20241011110427NAL0010847027002 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $503,340,242
- Total liabilities (EOY)
- $756,062
- Net assets (EOY)
- $502,584,180
- Net assets (BOY)
- $449,528,545
Income & contributions
- Employer contributions
- $23,592,021
- Total contributions
- $23,592,021
- Total income / additions
- $94,108,083
Expenses & distributions
- Benefits paid
- $36,609,375
- Administrative expenses
- $4,443,073
- Total expenses
- $41,052,448
- Net increase / (decrease)
- $53,055,635
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Patriot Financial Partners, L.P. | NONE | $910,652 | $0 | 2023 |
| Eagle Capital Management | NONE | $683,436 | not reported in the loaded dataset | 2023 |
| Gcm Grosvenor | NONE | $579,119 | $0 | 2023 |
| Polen Capital | NONE | $560,484 | not reported in the loaded dataset | 2023 |
| Quantum Capital Management | NONE | $379,794 | $0 | 2023 |
| I.E.Shaffer & Co. | NONE | $321,825 | not reported in the loaded dataset | 2023 |
| Constitution Capital Partners, LLC | NONE | $251,302 | $0 | 2023 |
| Asb Re Investment | NONE | $190,051 | not reported in the loaded dataset | 2023 |
| Jp Morgan | NONE | $115,946 | $0 | 2023 |
| Garcia Hamilton | NONE | $91,442 | not reported in the loaded dataset | 2023 |
| Dahab And Asso. | NONE | $68,000 | not reported in the loaded dataset | 2023 |
| Prudential Retirement Ins & Annuity | NONE | $61,518 | $0 | 2023 |
| Gerson & Assoc Cpas And Advisors Pc | NONE | $56,000 | not reported in the loaded dataset | 2023 |
| O'Brien Belland & Bushinsky | NONE | $37,454 | not reported in the loaded dataset | 2023 |
| Summit Actuarial Services | NONE | $30,100 | not reported in the loaded dataset | 2023 |
| Mspc Certified Public Accountants | NONE | $24,037 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Board Of Trustees Local 351 Pension Fund
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in West Trenton, NJ
- Patriot Financial Partners, L.P. — Schedule C compensation
- Eagle Capital Management — Schedule C compensation
- Gcm Grosvenor — Schedule C compensation
- Polen Capital — Schedule C compensation
- Quantum Capital Management — Schedule C compensation
- I.E.Shaffer & Co. — Schedule C compensation
- Constitution Capital Partners, LLC — Schedule C compensation
- Asb Re Investment — Schedule C compensation
- Jp Morgan — Schedule C compensation
- Garcia Hamilton — Schedule C compensation
- Dahab And Asso. — Schedule C compensation
- Prudential Retirement Ins & Annuity — Schedule C compensation
- Gerson & Assoc Cpas And Advisors Pc — Schedule C compensation
- O'Brien Belland & Bushinsky — Schedule C compensation
- Summit Actuarial Services — Schedule C compensation
- Mspc Certified Public Accountants — Schedule C compensation