I.B.E.W. Local 456 Pension Plan — Form 5500 plan (Ibew Joint Pension Fund Local 456)
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, I.B.E.W. Local 456 Pension Plan is a benefit plan reported by Ibew Joint Pension Fund Local 456 under EIN 22-6238995 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,521 participants and $276,075,910 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ibew Joint Pension Fund Local 456
- EIN
- 22-6238995
- Plan number
- 001
- Plan type
- 1
- Location
- West Trenton, NJ
- Latest filing year
- 2023
- Participants
- 1,521
- End-of-year plan assets
- $276,075,910
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,521 | H, C | 20241012163915NAL0023703281001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $276,075,910
- Total liabilities (EOY)
- $2,839,539
- Net assets (EOY)
- $273,236,371
- Net assets (BOY)
- $242,892,931
Income & contributions
- Employer contributions
- $17,216,140
- Total contributions
- $17,216,140
- Total income / additions
- $50,499,276
Expenses & distributions
- Benefits paid
- $18,260,098
- Administrative expenses
- $1,895,738
- Total expenses
- $20,155,836
- Net increase / (decrease)
- $30,343,440
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| I.E. Shaffer & Co. | NONE | $372,056 | not reported in the loaded dataset | 2023 |
| Ubs Financial Services | NONE | $261,214 | not reported in the loaded dataset | 2023 |
| Neuberger Berman, LLC | NONE | $213,577 | not reported in the loaded dataset | 2023 |
| Kayne Anderson Rudnick Investment | NONE | $177,924 | not reported in the loaded dataset | 2023 |
| Blackstone Alternative Asset Manage | NONE | $144,408 | $0 | 2023 |
| Diamond Hill Capital Management Inc | NONE | $129,143 | not reported in the loaded dataset | 2023 |
| Jp Morgan | NONE | $120,838 | not reported in the loaded dataset | 2023 |
| Richmond Capital Management | NONE | $107,737 | not reported in the loaded dataset | 2023 |
| Manning And Napier Advisors, LLC | NONE | $73,665 | not reported in the loaded dataset | 2023 |
| Mspc Certified Public Accountants | NONE | $54,075 | not reported in the loaded dataset | 2023 |
| Bradford & Marzec | NONE | $50,246 | not reported in the loaded dataset | 2023 |
| Kroll & Heineman | NONE | $33,570 | not reported in the loaded dataset | 2023 |
| Summit Actuarial Services | NONE | $26,000 | not reported in the loaded dataset | 2023 |
| Lindabury, Mccormick, Estabrook | NONE | $20,335 | not reported in the loaded dataset | 2023 |
| New Brunswick Electricians Club | NONE | $17,740 | not reported in the loaded dataset | 2023 |
| Invesco Investment Management Co | NONE | $7,193 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ibew Joint Pension Fund Local 456
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in West Trenton, NJ
- I.E. Shaffer & Co. — Schedule C compensation
- Ubs Financial Services — Schedule C compensation
- Neuberger Berman, LLC — Schedule C compensation
- Kayne Anderson Rudnick Investment — Schedule C compensation
- Blackstone Alternative Asset Manage — Schedule C compensation
- Diamond Hill Capital Management Inc — Schedule C compensation
- Jp Morgan — Schedule C compensation
- Richmond Capital Management — Schedule C compensation
- Manning And Napier Advisors, LLC — Schedule C compensation
- Mspc Certified Public Accountants — Schedule C compensation
- Bradford & Marzec — Schedule C compensation
- Kroll & Heineman — Schedule C compensation
- Summit Actuarial Services — Schedule C compensation
- Lindabury, Mccormick, Estabrook — Schedule C compensation
- New Brunswick Electricians Club — Schedule C compensation
- Invesco Investment Management Co — Schedule C compensation