Ibew Local Union 573 Profit Sharing Plan And Trust — Form 5500 plan (Profit Sharing Plan And Trust Ibew No. 573 Pension 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 Union 573 Profit Sharing Plan And Trust is a benefit plan reported by Profit Sharing Plan And Trust Ibew No. 573 Pension Trust Fund under EIN 34-1667617 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,198 participants and $27,337,625 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Profit Sharing Plan And Trust Ibew No. 573 Pension Trust Fund
- EIN
- 34-1667617
- Plan number
- 002
- Plan type
- 1
- Location
- Canfield, OH
- Latest filing year
- 2023
- Participants
- 1,198
- End-of-year plan assets
- $27,337,625
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,198 | H, C | 20241010121507NAL0020046721003 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $27,337,625
- Total liabilities (EOY)
- $35,668
- Net assets (EOY)
- $27,301,957
- Net assets (BOY)
- $23,270,051
Income & contributions
- Employer contributions
- $1,995,155
- Total contributions
- $1,995,155
- Total income / additions
- $4,738,371
Expenses & distributions
- Benefits paid
- $588,007
- Administrative expenses
- $118,458
- Total expenses
- $706,465
- Net increase / (decrease)
- $4,031,906
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Segal Marco Advisors | INVESTMENT CUSTODIAN | $47,256 | not reported in the loaded dataset | 2023 |
| Yurchyk & Davis Cpa'S, Inc | AUDITOR | $22,302 | not reported in the loaded dataset | 2023 |
| Benesys, Inc | THIRD PARTY ADMINISTRATOR | $14,789 | not reported in the loaded dataset | 2023 |
| National Real Estate Advisors, LLC | INVESTMENT MANAGER | $13,343 | not reported in the loaded dataset | 2023 |
| Macalla & Piatt, LLC | ATTORNEY | $8,009 | not reported in the loaded dataset | 2023 |
| Newtower Trust Company | INVESTMENT MANAGER | $4,740 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Profit Sharing Plan And Trust Ibew No. 573 Pension Trust Fund
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Canfield, OH
- Segal Marco Advisors — Schedule C compensation
- Yurchyk & Davis Cpa'S, Inc — Schedule C compensation
- Benesys, Inc — Schedule C compensation
- National Real Estate Advisors, LLC — Schedule C compensation
- Macalla & Piatt, LLC — Schedule C compensation
- Newtower Trust Company — Schedule C compensation