Ibew Local Union No. 98, Zone 2 Pension Trust Fund — Form 5500 plan (Ibew Local Union 98)
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 Union No. 98, Zone 2 Pension Trust Fund is a benefit plan reported by Ibew Local Union 98 under EIN 23-6583334 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,307 participants and $109,628,210 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ibew Local Union 98
- EIN
- 23-6583334
- Plan number
- 001
- Plan type
- 1
- Location
- Philadelphia, PA
- Latest filing year
- 2023
- Participants
- 1,307
- End-of-year plan assets
- $109,628,210
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,307 | H, C | 20241015181153NAL0017023251004 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $109,628,210
- Total liabilities (EOY)
- $367,154
- Net assets (EOY)
- $109,261,056
- Net assets (BOY)
- $99,180,216
Income & contributions
- Employer contributions
- $14,934,932
- Total contributions
- $14,934,932
- Total income / additions
- $23,636,421
Expenses & distributions
- Benefits paid
- $12,927,848
- Administrative expenses
- $627,733
- Total expenses
- $13,555,581
- Net increase / (decrease)
- $10,080,840
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Asb Capital Management, Inc. | NONE | $97,672 | $0 | 2023 |
| Cheiron, Inc | NONE | $96,399 | not reported in the loaded dataset | 2023 |
| National Real Estate Advisors | NONE | $87,038 | not reported in the loaded dataset | 2023 |
| Ullico Investment Advisors, Inc | NONE | $63,315 | $0 | 2023 |
| Segal Marco Advisors | NONE | $50,000 | not reported in the loaded dataset | 2023 |
| Novak Francella, LLC | NONE | $43,194 | not reported in the loaded dataset | 2023 |
| Ibew Local 98 | RELATED AFFILIATE | $30,374 | not reported in the loaded dataset | 2023 |
| Frank M. Vacarro & Associates Inc | NONE | $27,600 | not reported in the loaded dataset | 2023 |
| Pnc Bank, National Association | NONE | $17,108 | $0 | 2023 |
| Hamilton Lane Advisors, LLC | NONE | $0 | $16,897 | 2023 |
| Cleary, Josem, & Trigianni Llp | NONE | $14,332 | not reported in the loaded dataset | 2023 |
| Kang, Haggerty & Fetbroyt, LLC | NONE | $9,038 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ibew Local Union 98
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Philadelphia, PA
- Asb Capital Management, Inc. — Schedule C compensation
- Cheiron, Inc — Schedule C compensation
- National Real Estate Advisors — Schedule C compensation
- Ullico Investment Advisors, Inc — Schedule C compensation
- Segal Marco Advisors — Schedule C compensation
- Novak Francella, LLC — Schedule C compensation
- Ibew Local 98 — Schedule C compensation
- Frank M. Vacarro & Associates Inc — Schedule C compensation
- Pnc Bank, National Association — Schedule C compensation
- Hamilton Lane Advisors, LLC — Schedule C compensation
- Cleary, Josem, & Trigianni Llp — Schedule C compensation
- Kang, Haggerty & Fetbroyt, LLC — Schedule C compensation