Teamsters Local 418 Pension Plan — Form 5500 plan (Teamsters Local 418 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, Teamsters Local 418 Pension Plan is a benefit plan reported by Teamsters Local 418 Pension Fund under EIN 22-6128536 and plan number 001. The latest loaded filing year is 2023. The filing reports 221 participants and $3,073,903 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Teamsters Local 418 Pension Fund
EIN
22-6128536
Plan number
001
Plan type
1
Location
North Brunswick, NJ
Latest filing year
2023
Participants
221
End-of-year plan assets
$3,073,903

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023221H, C20241007170642NAL0009077203001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$3,073,903
Net assets (EOY)
$3,073,903
Net assets (BOY)
$2,760,566

Income & contributions

Employer contributions
$222,574
Total contributions
$222,574
Total income / additions
$642,439

Expenses & distributions

Benefits paid
$208,343
Administrative expenses
$120,759
Total expenses
$329,102
Net increase / (decrease)
$313,337

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
First Actuarial Consulting, Inc.NONE$23,200not reported in the loaded dataset2023
Mspc Cpa'S And AdvisorsACCOUNTANT FOR LOCAL 701$18,475not reported in the loaded dataset2023
Paul A. Montalbano, Esq., LLCATTORNEY FOR LOCAL 701$9,250not reported in the loaded dataset2023
Hgk Asset Management, Inc.NONE$5,153$02023

Related Form 5500 pages