Ibew Local No. 229 Annuity Fund — Form 5500 plan (Ibew Local No. 229 Annuity 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, Ibew Local No. 229 Annuity Fund is a benefit plan reported by Ibew Local No. 229 Annuity Fund under EIN 25-1624277 and plan number 003. The latest loaded filing year is 2023. The filing reports 378 participants and $50,739,440 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Ibew Local No. 229 Annuity Fund
- EIN
- 25-1624277
- Plan number
- 003
- Plan type
- 1
- Location
- Salem, VA
- Latest filing year
- 2023
- Participants
- 378
- End-of-year plan assets
- $50,739,440
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 378 | H, C | 20250307153119NAL0012027393001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $50,739,440
- Total liabilities (EOY)
- $49,917
- Net assets (EOY)
- $50,689,523
- Net assets (BOY)
- $42,596,465
Income & contributions
- Employer contributions
- $2,659,577
- Total contributions
- $2,659,577
- Total income / additions
- $10,600,176
Expenses & distributions
- Benefits paid
- $2,285,700
- Administrative expenses
- $221,418
- Total expenses
- $2,507,118
- Net increase / (decrease)
- $8,093,058
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| John Hancock Retirement | NONE | $91,425 | $0 | 2023 |
| Cap Trust Financial Advisors | NONE | $40,000 | not reported in the loaded dataset | 2023 |
| Lawrence C. Musgrove Associates | NONE | $31,500 | not reported in the loaded dataset | 2023 |
| Odononoghue & Odonoghue Llp | NONE | $17,096 | not reported in the loaded dataset | 2023 |
| Baratz & Associates | NONE | $15,820 | not reported in the loaded dataset | 2023 |
| Fischer Dorwart Pc | NONE | $7,500 | not reported in the loaded dataset | 2023 |
| Fox Rothschild Llp | NONE | $5,059 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ibew Local No. 229 Annuity Fund
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Salem, VA
- John Hancock Retirement — Schedule C compensation
- Cap Trust Financial Advisors — Schedule C compensation
- Lawrence C. Musgrove Associates — Schedule C compensation
- Odononoghue & Odonoghue Llp — Schedule C compensation
- Baratz & Associates — Schedule C compensation
- Fischer Dorwart Pc — Schedule C compensation
- Fox Rothschild Llp — Schedule C compensation