Ibew Local No. 716 Retirement Plan — Form 5500 plan (Board Of Trustees Of The Ibew Local No. 716 Retirement Trust 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. 716 Retirement Plan is a benefit plan reported by Board Of Trustees Of The Ibew Local No. 716 Retirement Trust Fund under EIN 31-6620547 and plan number 001. The latest loaded filing year is 2023. The filing reports 5,554 participants and $117,043,585 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Board Of Trustees Of The Ibew Local No. 716 Retirement Trust Fund
- EIN
- 31-6620547
- Plan number
- 001
- Plan type
- 1
- Location
- Houston, TX
- Latest filing year
- 2023
- Participants
- 5,554
- End-of-year plan assets
- $117,043,585
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 5,554 | H, C | 20240918135323NAL0006374464001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $117,043,585
- Total liabilities (EOY)
- $30,744
- Net assets (EOY)
- $117,012,841
- Net assets (BOY)
- $103,718,515
Income & contributions
- Employer contributions
- $4,298,608
- Participant contributions
- $1,547,848
- Total contributions
- $9,722,682
- Total income / additions
- $21,268,711
Expenses & distributions
- Benefits paid
- $7,509,793
- Administrative expenses
- $464,592
- Total expenses
- $7,974,385
- Net increase / (decrease)
- $13,294,326
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Prudential Retirement | INV MGR / ADMIN | $354,235 | not reported in the loaded dataset | 2023 |
| Segal Marco | INV ADVISOR | $50,000 | not reported in the loaded dataset | 2023 |
| Edwards & Leathers, P.C. | AUDITOR | $16,934 | not reported in the loaded dataset | 2023 |
| The Segal Company | CONSULTING | $14,324 | not reported in the loaded dataset | 2023 |
| Benefit Resources, Inc. | ADMINISTRATOR | $11,250 | not reported in the loaded dataset | 2023 |
| Patrick Flynn | ATTORNEY | $11,166 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Board Of Trustees Of The Ibew Local No. 716 Retirement Trust Fund
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Houston, TX
- Prudential Retirement — Schedule C compensation
- Segal Marco — Schedule C compensation
- Edwards & Leathers, P.C. — Schedule C compensation
- The Segal Company — Schedule C compensation
- Benefit Resources, Inc. — Schedule C compensation
- Patrick Flynn — Schedule C compensation