Ibew Local 56 Employees Deferred Savings Plan — Form 5500 plan (Board Of Trustees Ibew Local 56 Employees Deferred Savings Plan)
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 56 Employees Deferred Savings Plan is a benefit plan reported by Board Of Trustees Ibew Local 56 Employees Deferred Savings Plan under EIN 25-1409929 and plan number 002. The latest loaded filing year is 2023. The filing reports 360 participants and $49,442,489 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Board Of Trustees Ibew Local 56 Employees Deferred Savings Plan
- EIN
- 25-1409929
- Plan number
- 002
- Plan type
- 1
- Location
- Erie, PA
- Latest filing year
- 2023
- Participants
- 360
- End-of-year plan assets
- $49,442,489
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 360 | H, C | 20250207102534NAL0023754480001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $49,442,489
- Total liabilities (EOY)
- $45,047
- Net assets (EOY)
- $49,397,442
- Net assets (BOY)
- $42,232,481
Income & contributions
- Employer contributions
- $1,940,657
- Total contributions
- $1,940,657
- Total income / additions
- $10,960,013
Expenses & distributions
- Benefits paid
- $3,691,570
- Administrative expenses
- $103,482
- Total expenses
- $3,795,052
- Net increase / (decrease)
- $7,164,961
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Vanguard | NONE | $19,859 | $0 | 2023 |
| Andco Consulting | NONE | $15,868 | not reported in the loaded dataset | 2023 |
| Diclaudio & Kramer, LLC | NONE | $12,035 | not reported in the loaded dataset | 2023 |
| Meyer, Unkovic, & Scott, Llp | NONE | $7,728 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Board Of Trustees Ibew Local 56 Employees Deferred Savings Plan
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Erie, PA
- Vanguard — Schedule C compensation
- Andco Consulting — Schedule C compensation
- Diclaudio & Kramer, LLC — Schedule C compensation
- Meyer, Unkovic, & Scott, Llp — Schedule C compensation